MIDDAY LUNCH

Dow 10996.79  +48.2, Nasdaq 2392.16  +8.49,S&P 1163.25  +5.19 

Stocks remain near session highs as it tries to break though the psychological 11,000 level.

Today’s gains are despite another bad jobs report.  The Labor Department reported that 95,000 jobs were lost in September.  Economists were looking for jobs to come in flat.  The unemployment rate stayed unchanged at 9.6%.

The best performing sectors today are Basic Materials +1.72% and Capital Goods +1.67%.

Bank of America (BAC) 13.27 -0.04, -0.26% announced that they are halting foreclosures in all 50 states. Analysts believe that a total freeze on bank foreclosures could come soon.