End-of-Day Market Summary for October 10, 2011

This is your Benzinga news summary and traders' summary for Monday, October 10, 2011, covering headlines from Monday's trading session. Today at market close, the Dow Jones Index traded up about 114 points or 2.97%, the S&P 500 traded 3.41% higher, the Nasdaq Composite Index traded up 3.50%, and the U.S. dollar is trading lower at the $77.85 level. Earlier today, Deutsche Bank upgraded CTC Media

to Buy and Citigroup upgraded Micron Technology

to Buy. View all of

. JP Morgan downgraded Sprint Nextel

to Neutral and Bank of America Merrill Lynch downgraded MSC Industries

to Neutral. View all of

. Overseas, European markets ended their trading session higher. Britain's FTSE 100 added 1.8%, Germany's DAX jumped 3.02% and France's CAC 40 gained 2.13% on the session. Asian stocks ended their session mixed. Japan's Nikkei 225 gained 0.98%, China's Shanghai Index declined 0.6%, and the Hang Seng Index rallied 0.02%. On the economic calendar, NFB Small Business Optimism and IBO/TIPP Economic Optimism numbers are due tomorrow at 7:30am and 10am, respectively. On the commodity front,

and

futures traded mixed today, with gold trading about 0.29% higher. Energy futures are higher as well with

up over 2.9%, near the $85.41 level, and

futures are trading higher by about 2%.

futures are higher by about 1.92% and

futures are trading about 0.15% lower. On the earnings front, Alcoa

is due to report tomorrow afternoon. In corporate news, Netflix

announced that

. Various investment banks including Goldman Sachs, Morgan Stanley, JP Morgan either remained neutral or commented negatively on the news. The stock dropped nearly 5% during the trading session. IRIDEX

announced that

. The former CEO, Theodore Boutacoff, will become the firm's new CTO. Beck has spent the majority of his career helping build health care companies. Terex Corporation

today announced that

. The Brazilian company operates in the energy sector, constructing and maintaining power lines in the country's power grid. Below are some of today's movers: Changyou.com

+11.87% - hearing the company was initiated with Overweight at Barclays. C&J Energy Services

+11.42% following the Complete Production Services acquisition. K12

+11.01% despite of reporting worse than expected earnings on Friday night. Newpark Resources

10.95% following the strength in the sector. Stillwater Mining

+10.55% recovering from Friday's sell-off. Clearwire

-9.35% after UBS lowered the company's price target. Netflix

-6.84% after negative analyst comments on CNBC. KiOR

-6.61% on heavy volume. This concludes your news summary for October 10, 2011.