End-of-Day Market Summary for November 2, 2011

This is your Benzinga news summary and traders' summary for Wednesday, November 2, 2011, covering headlines from Wednesday's trading session. Today at market close, the Dow Jones Index traded up about 180.58 points or 1.55%, the S&P 500 traded 1.61% higher, the Nasdaq Composite Index traded up 1.27%, and the U.S. dollar trades flatly near the $77.30 level. Earlier today, Deutsche Bank upgraded Sohu.com

to Buy and Citigroup upgraded FXCM

to Neutral. View all of

. Credit Suisse downgraded Texas Roadhouse

to Neutral and JP Morgan downgraded Corning Inc

to Underweight. View all of

. Overseas, European markets ended their trading session higher. Britain's FTSE 100 rallied by 1.15%, Germany's DAX gained 2.25% and France's CAC 40 increased by 1.38% on the session. Asian stocks ended their session mixed. China's Shanghai Index gained 1.39%, Japan's Nikkei 225 slid by 2.25%, and the Hang Seng index increased by 1.88%. On the economic calendar, MBA Mortgage Applications came in at 0.2% versus a prior number of 4.9%, ADP Employment Change came in at 110K versus an estimate of 100K, and the FOMC Rate Decision came in at 0.25%, matching estimates. On the commodity front,

and

futures traded higher today, with gold trading about 1.45% higher today. Energy futures are mixed, with

up over 0.3% near the $92.45 level and

futures are trading higher by about .1%.

futures are lower by about 0.6% and

futures are trading over 2.4% lower. On the earnings front this afternoon, WebMD

Health Corp Reports Q3 EPS $0.24 vs $0.17 Est; Revenues $135.1M vs $135.94M Est; QUALCOMM

Reports Q3 EPS $0.80 vs $0.78 Est; Revenues $4.12B vs $4.00B Est; News Corp

Reports Q3 EPS $0.32 vs $0.29 Est; Revenues $7.96B vs $7.67B Est; Clearwire

Reports Q3 EPS $(0.34) vs $(0.40) Est; Revenues $332.20M vs $327.03M Est. In corporate news, Siemens Healthcare Diagnostics

and Illumina

announced that

for clinical, infectious diseases. They plan on focusing on diseases including AIDS. Innophos Holdings

announced that

. The company plans diversify its product offerings via the deal. DuPont

announced that

to produce large AMOLED television displays. Today's movers include:

This concludes your news summary for November 2, 2011.