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There are at least 200,000 homes along the coast from Florida to North Carolina at risk of damage from the storm surge alone from Hurricane Matthew. Even if Matthew is downgraded to a category 1 storm, repairing and replacing those homes would cost $43 billion, according to Corelogic. Should it remain a categoy 3 storm, the surge could affect an additional 300,000 homes, which would cost an additional $60 billion. That would make Matthew among the most expensive storms in U.S. history. Right now the costliest storm was Katrina in 2005, which caused $154 billion in damages. The Labor Department will release September jobs numbers today. Most economists are forecasting between 165,000 to 175,000 new jobs, down from July's hiring binge that created 275,000. Today's numbers could impact the election as well as the Federal Reserve policy on interest rates. Overnight, the British Pound plummeted 6%. Market speculation was that the rapid decline was caused by a wrongly entered trade since there was no news behind the sell-off.

Stocks stayed close to the flatline as Wall Street sat in wait of tomorrow's release of the monthly U.S. jobs report. Crude oil prices settled above $50 a barrel

U.S. stocks moved lower Thursday, despite a fall in weekly jobless claims. The number of people filing for unemployment benefits fell 5,000 to 249,000 this week, pushing the four-week average down by 3,000. Oil prices broke $50 a barrel for the first time in four months as fresh data showed U.S. crude inventories continuing to decline.

2 million Americans have been urged to evacuate along the U.S. Southeast coast as Hurricane Matthew barrels to Florida. The storm, which is gaining strength, is expected to hit Southern Florida later today and move up the east coast to the Carolinas over the next few days. Twitter (TWTR) shares are falling today after a Recode report that Google (GOOG) will not bud to buy the company. Apple (AAPL) is also said to probably not submit a bid to buy Twitter either. Disney, which also reportedly considered making an offer, is not going to do so according to sources who spoke with Recode. That leaves Salesforce as the most likely potential suitor although the CEO has yet to issue a firm commitment they are interested in buying the social media site. A smoking Samsung Note 7 phone has prompted an evacuation of a Southwest (LUV) plane in Louisivlle. This is one of the replacement phones, not an original.

U.S. stocks opened higher on Wednesday, following losses on Tuesday.

A crude oil rally helped Wall Street rally to erase all losses endured in a selloff a day earlier. Crude closed at a three-month high in spitting distance of the psychologically important $50-a-barrel level. The energy sector was the best performer on markets. Major oilers including Exxon Mobil , Chevron , Royal Dutch Shell and PetroChina each posted solid gains. Netflix jumped after signing a deal to screen its original movies at iPic Entertainment locations at the same time they launch on the streaming platform. Shares climbed earlier in the week on reports Disney

Stocks held gains as services activity in September picked up and factory orders for August increased. Markets rebounded from a gold-triggered selloff endured a day earlier. Activity in the services sector increased at a far-faster pace than expected in September, increasing for its 80th straight month and

Salesforce CEO Marc Benioff is said to be very interested in buying Twitter ( ). According to the Wall Street Journal, he calls the social media network an "unpolished jewel" with untapped potential for advertising. Twitter is expected to field offers for the company this week, according to the report. Other interested bidders are said to be Google ( ) and Disney ( ). The Vice Presidential candidates debated last night in what will be their only debate of the campaign. Each spent much of the debate defending their running mate at the top of the ticket. In terms of business, Republican Mike Pence portrayed Trump as an agent of change while criticizing Hillary Clinton for advocating tax increases and more regulations on business. And if you really love the smell of a new computer, you can now get it in candle form. Twelve South, a company that makes Apple ( ) accessories has come up with a Mac candle and it sold out within minutes.

U.S. stocks rose on Tuesday as the pound hit a 31-year low against the dollar, sending European stocks higher.

The British pound plunged to a 31 year low against the dollar Tuesday, as Brexit fears came back into focus.