News Headline Summary

US EQUITY WRAP

US equity markets finished flat for the session after a quiet session and light volumes due to Veterans Day in the US. Despite a full opening for equity trade today many US market participants were away from their desk, mainly due to interest rate and FX products closed in the pit. In terms of individual stock performance JC Penny (JCP) were the most notable under-performer, finishing down by 13% as investors became cautious about the viability of the CEO's turnaround plan. In contrast one of the best performers was Gilead (GILD) after positive results for their Hepatitis C combo therapy. Looking ahead to tomorrow Home Depot and TJX are due to report pre-market, but finally today the DJIA finished flat at 12815.16 the S&P 500 also finished flat at 1380.00 and the NASDAQ 100 finished down 0.05% at 2582.77.

12 Nov 2012 - 21:24 - Equities - Source: RANsquawk

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