End-of-Day Market Summary for November 30, 2011

This is your Benzinga news summary and traders' summary for Wednesday, November 30, 2011, covering headlines from Wednesday's trading session. Today at market close, the Dow Jones Index traded up about 488.92 points or 4.23%, the S&P 500 traded 4.33% higher, the Nasdaq Composite Index traded up 4.17%, and the U.S. dollar trades lower near the $78.45 level. Earlier today, UBS upgraded Apartment Investment & Management

to Neutral and Oppenheimer upgraded Accretive Health

to Outperform. View all of

. Jefferies downgraded Calpine

to Hold and Goldman Sachs downgraded Vulcan Materials

to Sell. View all of

. Overseas, European markets ended their trading session higher. Britain's FTSE 100 gained 3.16%, Germany's DAX increased by 4.98% and France's CAC 40 rallied by 4.22% on the session. Asian stocks ended their session lower. China's Shanghai Index slid by 3.22%, Japan's Nikkei 225 decreased by 0.51%, and the Hang Seng index lost 1.46%. On the economic calendar, MBA Mortgage Applications came in at -11.7% versus a previous number of -1.2%; ADP Employment Change came in at 206K versus an estimate of 103K; Chicago Purchasing Manager came in at 62.6 versus an estimate of 58.5; Pending Home Sales MoM came in at 10.4% versus an estimate of 2%. On the commodity front,

and

futures traded higher today, with gold trading about 0.5% higher today. Energy futures are mixed, however, with

up over 0.5% near the $100.35 level and

futures are trading higher by about 0.6%.

futures are lower by about 1.8% and

futures are trading over 0.1% higher. On the earnings front this afternoon, Express Reports Q3 EPS $0.37 vs $0.35 Est; Revenues $486.80M vs $487.91M Est; Aeropostale Reports Q3 EPS $0.30 vs $0.28 Est; Revenues $596.50M vs $576.35M Est; Guess? Reports Q3 EPS $0.71 vs $0.73 Est; Revenues $642.80M vs $655.23M Est; La-Z-Boy Reports Q2 EPS $0.15 vs $0.14 Est; Revenues $307.70M vs $310.03M Est. In corporate news, PAETEC

announced that

. Vail Resorts

announced that

in order to better accommodate its customers. B+H Ocean Carriers

announced that

to institutional investors in China. Today's Movers include:

This concludes your news summary for November 30, 2011.