End-of-Day Market Summary for November 3, 2011

This is your Benzinga news summary and traders' summary for Thursday, November 3, 2011, covering headlines from Thursday's trading session. Today at market close, the Dow Jones Index traded up about 208.43 points or 1.76%, the S&P 500 traded 1.88% higher, the Nasdaq Composite Index traded up 2.20%, and the U.S. dollar trades lower near the $76.80 level. Earlier today, KeyBanc upgraded Aeropostale

to Buy and Stifel Nicolaus upgraded The Advisory Board Company

to Buy. View all of

. Goldman Sachs downgraded Community Health Systems

to Sell and Morgan Keegan downgraded Sierra Wireless

to Market Perform. View all of

. Overseas, European markets ended their trading session higher. Britain's FTSE 100 rallied by 1.12%, Germany's DAX gained 2.81% and France's CAC 40 increased by 2.73% on the session. Asian stocks ended their session mixed. China's Shanghai Index gained 0.16%, Japan's Nikkei 225 slid by 2.21%, and the Hang Seng index increased by 2.49%. On the economic calendar, Initial Jobless Claims came in at 397K versus an estimate of 400K; Continuing Claims came in at 3683K versus an estimate of 3693K; Factory Orders came in at 0.3% versus an estimate of -0.2%; and ISM Non-Manufacturing Composite came in at 52.9 versus an estimate of 53.5. On the commodity front,

and

futures traded higher today, with gold trading about 2.1% higher today. Energy futures are higher, with

up over 1.7% near the $94.06 level and

futures are trading higher by about 1.2%.

futures are higher by about 1.05% and

futures are trading over 0.3% higher. On the earnings front this afternoon, Sunoco Inc

Reports Q3 EPS $0.57 vs $0.59 Est; Revenues $12.20B vs $8.62B Est; Starbucks

Reports Q4 EPS $0.37 vs $0.36 Est; Revenues $3.03B vs $2.95B Est; Linkedln Corp

Reports Q3 EPS $0.06 vs $(0.04) Est; Revenues $139.5M vs $127.35M Est; CVS Caremark Corp (NYSE CVS) Reported Q3 EPS $0.70 vs $0.67 Est; Revenues $26.7B vs $26.77B Est; . In corporate news, Jefferies

has been extremely turbulent in today's trading

. Jefferies is down over 16% for the week, and was down about 20% for a while today; it is now trading at a loss of 1.6%. Lockheed Martin

announced that

, a commercial aviation simulation company. Terms of the deal were undisclosed. Medicis Pharmaceutical Corporation

announced that

. It has settled a dispute regarding deceptive accounting practices between 2003 and 2008. Its auditor, Ernst & Young, will be paying $7 million as well. Today's movers include:

This concludes your news summary for November 3, 2011.