What to watch today: Dow set to jump as optimism builds for a debt ceiling deal

What to watch today: Dow set to jump as optimism builds for a debt ceiling deal

BY THE NUMBERS Dow futures rose 300 points Thursday as Democratic senators signaled they were receptive to a debt ceiling offer from Senate GOP leader that would allow an emergency increase into December. swung Wall Street from sharp early Wednesday losses to modest gains. (CNBC) The rose Thursday, , after the Labor Department issued better-than-expected weekly initial jobless claims figures. First-time filings for unemployment benefits for the week ended Oct. 2. Economists had expected 345,000 new claims. (CNBC) The government issues its September employment report Friday. ADP's look at private sector hiring trends last month, released Wednesday, came in stronger than expected. Soros Fund Management, founded by billionaire investor and philanthropist , has revealed it owns the cryptocurrency bitcoin. The family office owns "some coins … but not a lot," Dawn Fitzpatrick, CEO and chief investment officer of Soros Fund Management, . While lower Thursday, bitcoin has staged a comeback in recent days, trading above $54,000. (CNBC) IN THE NEWS TODAY McConnell late Wednesday said his debt ceiling offer to use their majorities on Capitol Hill to craft a bill to raise the borrowing limit on their own without Republican votes. The deadline to take action on the debt limit