mike huckman, of course, nonfarm payrolls affecting the nasdaq as well. >> good morning, bob. that is right. on the back of that weaker than expected jobs report we have the nasdaq in the premarket trading lower this morning. after the nasdaq suffered the biggest point and percentage decline in months yesterday. in fact, it took the biggest hit of all three major indices yesterday. not even a few major upgrades, major stocks have doing anything to liven things up here. we have an upgrade at apple out of ubs to, get this, a $265 price target, upping it to a buy there. we've got intel upgraded by oppenheimer with a $28 price target. we've got costco upgraded by rw baird with a $65 price target. what are those three stocks doing in the premarket? lowered. news that ibm is trying to undercut the price of the corporate e-mail service. ge, the company that owns cnbc, now confirming it is in talks to possibly do an ipo of nbc universal. watching shares of comcast. they took a hit yesterday. still under pressure this morning. finally, biotherapeutics, the ticker is tlcr, they're going

mike huckman, a lot of tech fuels of late. today the tech chatter continues. >> yeah, melissa, that's right. we got the nasdaq making up a little bit of ground after falling about 4% over the past two weeks or so. but in reference to what you were mentioning, yes, there's m and a talk in tech. that's moving the market here today. we have brocade communications systems up 13% on the wall street report that it could be for sale. oracle might be one of the interested buyers there. and the not to be left out, we've got netapp, melissa, up more than 2% because barron's over the weekend said that it, too, might be for sale, quoting the ceo, and this is the quote, melissa, everything has its price and at some point it might make sense. that's that stock is up 2 1/2%. >> how are the potential acquirers doing? ploorly when it comes to bro paid because there are a couple of companies that mention potential acquirers, oracle and hewlett-packard. >> hewlett-packard doesn't trade here but oracle is down 2%. it's behaving like you might exp

follow me on twitter, huckman to liesman. >> thanks, mike. jobs number out today showing unemployment rose to 9.8%. does that mean the recovery has stalled? join us to talk about the issue, our own all-stars linda barrington and david kotok, chief investment officer and cnbc contributor. linda, let me start with you. how grim was this report in your opinion? >> well, we were certainly disappointed, but not surprised. it's quite in line with the forecast we've had for unemployment for the third quarter and what we're proje projecting for the fourth quarter. labor markets absolutely lagged the rest of the economy, so the good economic news in the third quarter is not really inconsistent with what we're seeing. >> wouldn't we by now at least have expected some sequential improvement in job losses if not job gains? >> the trend is still improving. it's certainly -- >> it's hard to see, linda, from the numbers today. i did a little squinting there and i didn't see any improvement there. >> you're certainly seeing a downward trend in the job losses

we bring in mike huckman, our pharmaceuticals reporter, for the very latest. mike. >> yes. so no props except this sheet of paper with some notes on it, and no antics for you, but i do have some news although it pales in comparison to charlie gasparino's scoop. biocrist pharmaceuticals announced a while ago it's moving its anti-viral. it's be a vaccine, it's an anti-viral for the flu. you take it after you get the flu. into two late stage studies. and it's talking to the fed about a request for proposal about making it available on an emergency use. there is that news. on the vaccine side we've got three major vaccine makers, san phi aventis aft rah zeneca and novartis saying they've already started shipping their vaccines. glaxosmithkline waiting for approval of their vaccine. >> is it already baked into the stock prices, swine flu impact? >> i think i heard you guys use the term one-off earlier. vaccines are a one off or two off. you're looking at one or two quarters, maybe three quarters with a financial benefit. what you're really looking for if you're investing, especi

bob pisani at the big board, mike huckman at the nasdaq. bob, lead it off. >> 3 to 1 advancing to declining stocks. remember this morning with you we were talking about goldman sachs upgrading the big financial names. that's not what's been dominating the trading. it's the dollar. you know what happened, folks. dollar down, global stock, multinationals up, particularly commodity stocks up. so as we hit the lows of the day, about 1:15, guess what happened? the big stocks hit their highs. very predictable relationship. take a look at gold. all the commodities moved up. copper, oil, gold. gold is nearing its old highs, folks. gold stocks and gold on the upside. copper and oil look the same way. look at the gold stocks. again predictable. you have the gold stocks moving up. all moving to the upside. there's your highs for the day moving sideways now that the dollar has stabilized. alcoa, freeport, all the big commodity names also moved up as the dollar weakened here and are sitting at their highs for the day. tradertalk.cnbc.com. mike, i know t

cnbc's mike huckman joins us live with details. >> reporter: good morning. here at cnbc this morning we're discussing whether we will be working for a new employer perhaps in the not too distant future but for the moment comcast is denying a website report that it has struck a deal to buy nbc universal for 35 billion bucks. the cable company says it doesn't comment on market rumors and the report is que-unquote inaccurate. not true, just inaccurate. they have been considering its options. >>> bank of america ceo ken lewis is stepping down at the end of this year. that is worthy of a banner headline at the top of the front page of today's "wall street journal." no successor has been named yet but the board says several internal candidates are in the running now. lewis leaves as congress and the new york attorney general andrew cuomo pressured them over its takeover of merrill lynch and why they didn't tell about the big bonuses they had paid to the top employees. >>> general motors will shut down saturn after a deal to sell that struggling brand to auto racin