CAROL COSTELLO, CNN ANCHOR: Time now, though, for a little 'Business Buzz.' Is Saddam Hussein's arrest spreading a little holiday cheer to U.S. retailers? Carrie Lee is live here in Atlanta with us. She has escaped from New York for just a little bit. And we're glad to see you in person.</s>CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Thank you -- Carol.</s>COSTELLO: So what has Saddam's capture meant to the markets?</s>LEE: Well some analysts say that the retailing sector could very well see a boost to this. That the -- that the retailing stores were very busy over the weekend. Saturday a little bit busier than Sunday because of those northeast snowstorms. However, a couple of retailing groups do expect this news to really boost consumer confidence, get people feeling exciting about things here and perhaps spend more money. We will hear more about how retailers did today. Wal-Mart and Target reporting their weekly sales later this afternoon and that, of course, includes the recent weekend. Overall, Carol, futures looking very, very strong. Even to use the word strong is an understatement. So we're expecting a very, very nice pop at the open. The question, how long will any potential gains last? Of course this doesn't mean the end of potential terrorist attacks. But in the short term, you can expect very good news, a very bullish sentiment for stock markets.</s>COSTELLO: A very fine day on Wall Street. Carrie Lee, thanks. And as Carrie said, futures are up. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Saddam's Arrest May Help Holiday Sales