End-of-Day Market Summary for December 6, 2011
This is your Benzinga news summary and traders' summary for Tuesday, December 6, 2011, covering headlines from Tuesday's trading session.
Today at market close, the Dow Jones Index traded up about 52.30 points or 0.43%, the S&P 500 traded 0.11% higher, the Nasdaq Composite Index traded down 0.23%, and the U.S. dollar trades slightly lower near the $78.60 level.
Overseas, European markets ended their trading session mixed. Britain's FTSE 100 gained 0.01%, Germany's DAX decreased by 1.27% and France's CAC 40 slid by 0.68% on the session. Asian stocks ended their session lower. China's Shanghai Index lost 0.31%, Japan's Nikkei 225 decreased by 1.39%, and the Hang Seng index lost 1.24%. On the commodity front, gold and silver futures traded higher today, with gold trading about 0.1% higher today. Energy futures are mixed, with crude oil down over 0.05% near the $100.90 level and gasoline futures are trading higher by about 0.9%. Natural Gas futures are higher by about 0.9% and copper futures are trading over 0.1% higher.
On the earnings front this afternoon, SAIC Reports Q3 EPS $0.35 vs $0.34 Est; Revenues $2.81B vs $2.75B Est; Mens Wearhouse Reports Q3 EPS $0.79 vs $0.65 Est; Revenues $584.60M vs $570.94M Est; Oxford Industries Reports Q3 EPS $0.16 vs $0.14 Est; Revenues $170.3M vs $164.92M Est; Vera Bradley Reports Q3 EPS $0.32 vs $0.28 Est; Revenues $121.10M vs $109.85M Est.
China Medical Technologies (NASDAQ: CMED) has been accused of fraudulent activity by multiple equity research firms. Ir has responded back by laying out various income figures and cost numbers to prove its innocence.
This concludes your news summary for December 6, 2011
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