News Headline Summary

US EQUITY WRAP

Equity markets finished in negative territory today despite positive employment data out of the US. Following the NFP release, equity futures moved higher making decent gains, yet despite the stronger data early gains were eroded within an hour as focus turned to the upcoming Presidential election. In terms of individual stocks Starbucks shares have increased 9.5% following solid earnings after market on Thursday, On the other hand AIG was a laggard with shares falling 7% following their lackluster results after-market on Thursday. Finally, the DJIA finished down 1.05% at 13093.16, the S&P 500 finished down 0.94% at 1414.20 and the Nasdaq 100 finished down 1.16% at 2656.28.

02 Nov 2012 - 16:07 - Equities Data - Source: RANsquawk

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