End-of-Day Market Summary for November 4, 2011

This is your Benzinga news summary and traders' summary for Friday, November 4, 2011, covering headlines from Friday's trading session. Today at market close, the Dow Jones Index traded down about 61.23 points or 0.51%, the S&P 500 traded 0.63% lower, the Nasdaq Composite Index traded down 0.44%, and the U.S. dollar trades higher near the $77.20 level. Earlier today, UBS upgraded Microchip Technology

to Buy and Wedbush upgraded Carmike Cinemas

to Outperform. View all of

. Goldman Sachs downgraded Abercrombie & Fitch

to Neutral and Credit Suisse downgraded MDC Holdings

to Neutral. View all of

. Overseas, European markets ended their trading session lower. Britain's FTSE 100 slid by 0.33%, Germany's DAX declined by 2.72% and France's CAC 40 decreased by 2.25% on the session. Asian stocks ended their session higher, however. China's Shanghai Index gained 0.80%, Japan's Nikkei 225 rallied by 1.86%, and the Hang Seng index increased by 3.12%. On the economic calendar, Change in Nonfarm Payrolls was 80K versus an estimate of 95K, Change in Manufacturing Payrolls was 5K versus an estimate of 2K, and the Unemployment Rate came in at 9% versus an estimate of 9.1%. On the commodity front,

and

futures traded higher today, with gold trading about 0.7% higher today. Energy futures are higher, with

up over 0.32% near the $94.36 level and

futures are trading higher by about 1.3%.

futures are higher by about 0.34% and

futures are trading over 0.03% lower. On the earnings front this afternoon, NetSuite

Guides Q4 EPS $0.04 vs $0.06 Est; Revenue $63-63.5M vs $62.9M Est; 2011 EPS $0.15, Had Seen $0.13-0.15; 2011 Revenue $235.2M-235.7M, Had Seen $233-234M; Great Plains Energy

Reports Q3 EPS $0.91 vs $0.83 Est; Revenues $773.7M vs $745.26M Est; Argo Group International

Reports Q3 EPS $(0.37) vs $(0.63) Est; Revenues $303.5M vs $253.18M Est. In corporate news, Jefferies

has been extremely turbulent in today's trading

. In the afternoon, it released a statement divulging its positions in the PIIGS countries. It claims to be net short the region by $9 million. HCA

announced that

of senior notes. The company plans to use the proceeds for general corporate actions. Armstrong World Industries

announced that

. Terms of the transaction were undisclosed. Today's movers include:

This concludes your news summary for November 4, 2011.