News Headline Summary

US EQUITY WRAP

Equities finished the session in negative territory, following a relatively light session on the macro front. Markets took a disliking to the ECB press conference where Draghi highlighted the ECB has not discussed what to do in the next year, throwing cold water on the idea of easing any time soon from the central bank. Elsewhere, despite the austerity bill passing in Greece overnight, some concerns were prompted during the session when an EU official said, EU ministers are to delay the Greek aid call for weeks. The DJIA finished down 0.93% at 12811.94 the S&P 500 finished down 1.22% at 1377.55 and the NASDAQ 100 finished down 1.54% at 2572.57.

08 Nov 2012 - 15:06 - - Source: RANsquawk

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