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we ll bring you all the highlights. good morning to you. happitry, it s october 28th. this is your a.m. wake-up call. i m carol costello in new york. you re waking up to some of the best news in recent memory. gdp up 2.5%, nearly double the rate of last quarter. we have gains on thursday, up 340 points. the dow is heading for its best month in 24 years. the broader s&p, october could close as the best month since 1974. cnn s erin burnett asked pete kenny for his take. are you optimistic. i am. the drivers that we ve been getting are positive, surprisingly positive given weakness in some of the sectors of the economy but also the eu, toe as you had mention there s a lot of work to be done, it still takes a lost risk off the table, particularly for the financials. on a day like today, you ve seen tremendous leadership by the financials, that s a good indicator that there s room left on this move up. right now european markets are all looking up. the ftse, the dax, ....
outfront tonight, whoa, whoa, whoa. the markets soared, the dow up 339 points. nasdaq and s&p up more than 3%. and there were two big reasons why. one, america defied skeptics with american consumers spending money. the u.s. economy grew 2.5% in the third quarter. twice as fast as the prior quarter. look at it compared to earlier this year. 2.5% isn t great overall. but it is a lot better than a lot of doomsayers expected. the other big news was europe. they made a deal to bail out greece. that deal also, not that great. but after 14 summits, any deal was enough to juice the markets and that it did. october now on track to be the best october for the overall markets since january of 1974. to put that in perspective, that was the year blazing saddles came out. we must do something about this immediately! immediately! immediately! i didn t get a harrumf out of that guy. apparently a movie a lot of guys like. it was before cnn or i were born. stocks are up. gdp e ....