End-of-Day Market Summary for January 24, 2012

This is your Benzinga news summary for Tuesday, January 24, 2012, covering headlines from Tuesday's daytime trading session. Today at market close, the Dow Jones Index traded down about 11.21 points or 0.09%, the S&P 500 traded 0.05% higher, the Nasdaq Composite Index traded down 0.09%, and the U.S. dollar trades slightly higher near the $80 level. Earlier today, Goldman Sachs upgraded Ternium TX to Buy and Citi upgraded Novellus Systems NVLS to Buy. Wunderlich downgraded Cavium CAVM to Sell and Stifel Nicolaus downgraded Pioneer Natural Resources PXD to Hold. Overseas, European markets ended their trading session lower. Britain's FTSE 100 lost 0.53%, Germany's DAX decreased by 0.5% and France's CAC 40 tumbled by 0.47% on the session. Asian stocks ended their session higher. China's Shanghai Index rallied by 1.03%, Japan's Nikkei 225 increased by 0.22%, and the Hang Seng index gained 0.84%. On the economic calendar, Richmond Fed Index came in at 12 versus an estimate of 6. On the commodity front, gold and silver futures traded mixed today, with gold trading about 0.1% higher today. Energy futures are mixed, with crude oil down over 0.4% near the $99.10 level and gasoline futures are trading higher by about 1.3%. Natural Gas futures are higher by about 1.2% and copper futures are trading over 0.1% higher. Today's afternoon earnings announcements include Yahoo Reports Q4 EPS $0.25 vs $0.24 Est; Revenues $1.32B vs $1.19B Est; Tempur-Pedic International Guides 2012 EPS $3.80-$3.95 vs $3.77 Est; Revenues $1.6B-$1.65B vs $1.59B Est; Altera Reports Q4 EPS $0.45 vs $0.42 Est; Revenues $457.80M vs $447.52M EstAdvanced Micro Devices Reports Q4 EPS $0.19 vs $0.16 Est; Revenues $1.69B vs $1.72B Est. In corporate news, Sensient Technologies SXT announced that it will expand operations by opening a new facility in Brazil. Kinder Morgan VLTR announced that it will invest about $140M to expand coal handling facilities in the Gulf Coast. Clearwire CLWR stated that it will be issuing $300M in first-priority senior notes, due 2016. This concludes your news summary for January 24, 2012.