End-of-Day Market Summary for December 28, 2011
This is your Benzinga news summary for Wednesday, December 28, 2011, covering headlines from Wednesday's daytime trading session.
Today at market close, the Dow Jones Index traded down about 138.88 points or 1.13%, the S&P 500 traded 1.24% lower, the Nasdaq Composite Index traded down 1.34%, and the U.S. dollar trades slightly higher near the $80.95 level.
Overseas, European markets ended their trading session higher. Britain's FTSE 100 lost 0.1%, Germany's DAX decreased by 2.01% and France's CAC 40 slid by 1.03% on the session. Asian stocks ended their session mixed. China's Shanghai Index gained by 0.19%, Japan's Nikkei 225 decreased by 0.2%, and the Hang Seng index lost 0.59%.
On the economic calendar, nothing came out. On the commodity front, gold and silver futures traded lower today, with gold trading about 0.6% lower today. Energy futures are lower, with crude oil down over 1.7% near the $99.55 level and gasoline futures are trading lower by about 1.3%. Natural Gas futures are lower by about 0.6% and copper futures are trading over 0.4% lower.
There were no earnings announcements today.
Jamba (NASDAQ: JMBA) announced that announced plans to expand supply chain to include markets in Colorado and Texas.
Today's Movers include:
Arctic Cat (NASDAQ: ACAT) +20.1% after repurchasing Suzuki's stake for $79 million
Simcere Pharmaceutical Group (NYSE: SCR) +11.6% on intermittent volume
Amyris (NASDAQ: AMRS) +6.8% on light volume
Molycorp (NYSE: MCP) -14.1% on negative analyst comments
KiOR (NASDAQ: KIOR) -9.1% on light volume
Meritor (NYSE: MTOR) -8.5% on light volume
This concludes your news summary for December 28, 2011.
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