End-of-Day Market Summary for January 3, 2012

This is your Benzinga news summary for Monday, January 3, 2012, covering headlines from Monday's daytime trading session. Today at market close, the Dow Jones Index traded up about 179.9 points or 1.47%, the S&P 500 traded 1.55% higher, the Nasdaq Composite Index traded up 1.67%, and the U.S. dollar trades slightly lower near the $79.95 level. Earlier today, Goldman Sachs upgraded Atmel

to Buy and Bank of America upgraded TripAdvisor

to Buy. View all of

. Stifel Nicolaus downgraded Regal Entertainment Group

to Hold and Morgan Keegan downgraded Plantronics

to Market Perform. View all of

. Overseas, European markets ended their trading session higher. Britain's FTSE 100 gained 2.29%, Germany's DAX increased by 1.5% and France's CAC 40 rallied by 0.72% on the session. Asian stocks ended their session higher. China's Shanghai Index gained by 1.22%, Japan's Nikkei 225 increased by 0.67%, and the Hang Seng index gained 2.4%. On the economic calendar, ISM Manufacturing came in at 53.9 versus an estimate of 53.5; ISM Prices Paid came in at 47.5 versus an estimate of 48; Construction Spending came in at 1.2% versus an estimate of 0.5%. On the commodity front,

and

futures traded higher today, with gold trading about 0.3% higher today. Energy futures are higher, with

up over 4.3% near the $103.10 level and

futures are trading higher by about 3.6%.

futures are higher by about 0.1% and

futures are trading over 0.2% lower. Today's afternoon earnings announcements include: Team, Inc Reports Q2 EPS $0.53 vs $0.49 Est; Revenues $158.30M vs $154.10M Est; Landec Corp Reports Q2 EPS $0.13 vs $0.12 Est; Revs $81.6M vs $73.7M Est. In corporate news, BioMimetic Therapeutics

announced that

. Arena Pharmaceuticals

announced that

. Extra Space Storage

announced that

. Today's Movers include:

This concludes your news summary for January 3, 2012.