THIS IS A RUSH TRANSCRIPT.  THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. DAVID HAFFENREFFER, CNN FINANCIAL NEWS CORRESPONDENT: Good morning. I'm David Haffenreffer at the CNN Financial News Desk in New York with this preview of the business day. Energy will certainly be a major focus on Wall Street. That's as OPEC oil ministers meet in Austria to discuss oil output levels. There are doubts OPEC would cut production without support from Norway and Russia, two non-OPEC countries. Crude oil prices are sharply lower in European trading. OPEC ministers have proposed cutting production by 6 percent to help shore up prices, which have fallen sharply recently as the slowing economy has slowed demand for oil and gasoline. Wall Street will also get the latest reading on the health of October retail sales -- economists forecasting a strong rebound from September's drop. The rise is expected to be led by auto sales, as many automakers have offered 0 percent financing to help boost sales. Outside of that, sales are expected to be tepid. And stocks staged a strong rally yesterday on reports of progress in the war in Afghanistan. The Dow industrials surging 196 points -- that is the blue chip's biggest point gain since the beginning of September. The Nasdaq composite rallied 51 points, a gain of 2.8 percent. And the good news is: Stock index futures do suggest the buying could continue when trading opens at 9:30 a.m. Eastern Time. That is the latest in business -- Leon, back to you in Atlanta.</s>LEON HARRIS, CNN ANCHOR: All right. Good deal. Thanks, David. Good signs all the way around there. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com.
Energy Will Be Major Focus on Wall Street Today