THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. LEON HARRIS, CNN ANCHOR: We're going to take a check of the business headlines this morning. David Haffenreffer checks in from New York once again. Good morning, David.</s>CAROL LIN, CNN ANCHOR: Good morning, David.</s>DAVID HAFFENREFFER, CNN FINANCIAL NEWS CORRESPONDENT: Good morning, Carol. Good morning, Leon. Well, the big task today is to build on some of the gains of the past two sessions on Wall Street. Early indications, the good news here, point to a higher open for us today. Yesterday, stocks climbed to their highest closing levels since the September 11 attacks buoyed by some positive comments from Cisco and talk of that big economic stimulus package. The Dow industrials closed above 9000 and the Nasdaq jumped nearly 6 percent, but negative corporate news continues to hit and hurt Wall Street. Late yesterday, Corning warned third quarter results will miss expectations. The fiber optics giant also says it may cut an additional 4,000 jobs bringing the total of job cuts to about 12,000 this year. Later this morning, we're expecting to hear from the aluminum giant Alcoa. The company is always the first Dow component to report quarterly results as earnings season gets underway. We're also expecting some economic news this morning. The Labor Department is due to release weekly jobless claims at 8:30 a.m. Eastern time, and the numbers will likely confirm what we've been hearing about big layoffs in the airline and travel industry. Tomorrow, the government releases the employment report for the entire month of September. And that is a quick look at business. I'm David Haffenreffer. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Stocks Climbed to Highest Closing Since Attacks