Wachovia logo: go to home page

MARKET PULSE


 Get A Quote:


U.S. stocks rebounded in late session trading, with the Nasdaq and S&P 500 closing with modest gains for the day.

Economic Reports:


Viacom Inc. reports 3rd-qtr earnings of $0.69/diluted share, up from $0.55/share in the same qtr last year - Full story.

Archer Daniels Midland Co. reports fiscal 1st-qtr net earnings of $0.77/share, down from $1.62/share in the same period last year - Full story.

Marvel Entertainment, Inc. reports 3rd-qtr net income of $0.26/diluted share, down from $0.64/share in the year ago period - Full story.

Chesapeake Energy Corp. reports 3rd-qtr net income of $0.30/diluted share, down from $5.62/share in the year ago qtr - Full story.

Texas Roadhouse, Inc. reports 3rd-qtr earnings of $0.15/diluted share, up from $0.12/share in the prior year period - Full story.

MasterCard Inc. reports 3rd-qtr net income of $3.45/diluted share, dramatically improved from a loss of $1.48/share in the same qtr last year - Full story.

Stanley Works has reached an agreement to purchase rival Black & Decker Corp. for approximately $4.5 billion - Full story.

Berkshire Hathaway Inc. has agreed to acquire the remaining 77.4% of outstanding shares of Burlington Northern Santa Fe Corp. for $100/share in cash and stock - Full story.

General Motors and Ford Motor Co. report increased sales for the month of October, while Chrysler LLC reports a drop in October sales - Full story.

Johnson & Johnson announces a global restructuring plan, designed to strengthen the company's position and generate around $1.4-$1.7 billion in annual cost savings - Full story.

Ford Motor Co. announces a plan to sell approximately $3.3 billion in stock and convertible debt in order to raise more cash - Full story.

Major foreign markets have posted lower results for Tuesday. London's FTSE was down 1.32%, Frankfurt's DAX closed down 1.43%, and Paris' CAC finished down 1.52%. Japan's Nikkei did not trade today, Hong Kong's Hang Seng closed down 1.76%, and Sydney's All Ordinaries Index finished down 0.14%.

Economic Calendar:

Wed: ADP Employment and ISM Services;
Thurs: Productivity (Prel) and Initial Jobless Claims;
Fri: Nonfarm Payrolls, Unemployment Rate, Hourly Earnings, Wholesale Inventories, and Consumer Credit.

Aaron Jacobs - News Editor
Macro*World Research
aaron.jacobs@mworld.com

 Market Overview (11/03/2009 04:02 PM ET)
  +2.5

+27.8

+14.8

+8.1

Dow
9772
S&P 500
1045
NYSE
6813
AMEX
1755
NASDAQ
2057


-17.5
       
Trading Volume(mil): NYSE: 1,381  NASDAQ: 2,155



 Key Indicators
+0.010

+1.47

+30.60

+0.00

 
U.S. 3mo
T-Bills
0.050%
Crude
Oil
79.60
Gold
1084.60
LIBOR
0.24%
$/Euro
1.472
       

-0.008
14:59 17:14 17:14 Tue 17:47



 World Markets
Amsterdam EOE 300.1 -2.7 Tue 12:08
Brazil Bovespa 62,643.2 +1,097.7 Tue 15:16
Frankfurt DAX 5,353.4 -77.5 Tue 11:45
FTSE™ 100 5,037.2 -67.3 Tue 11:48
Hang Seng 21,240.1 -380.1 Tue 03:01
Madrid General 1,174.5 -24.8 Tue 11:37
Mexican IPC 28,886.5 +273.2 Tue 15:59
Milan Stock Exchange 21,946.9 -371.6 Tue 11:30
Nikkei Dow 9,803.0 -231.8 Mon 02:00
Paris CAC 40 3,584.3 -55.2 Tue 12:13
Seoul Composite 1,549.9 -9.2 Tue 04:03
Shanghai Composite 3,114.2 +37.6 Tue 02:00
Stockholm General 286.1 -3.9 Tue 12:39
Straits Times 2,621.6 -23.9 Tue 04:10
Swiss Zurich 6,213.4 -77.9 Tue 11:31
Sydney All Ord 4,540.0 -6.3 Tue 00:47
Toronto Exchg 11,025.9 +147.5 Tue 17:05

 U.S. Treasury Rates
U.S. - 5yr T-Notes2.36%+0.03 Tue 14:59
U.S. - 10yr T-Notes3.47%+0.05 Tue 14:59
U.S. - 30yr T-Notes4.34%+0.07 Tue 14:59

 Securities In Bulletin
Archer Daniels Midland 31.91 +1.39 16:02
Berkshire Hathaway Class A 100,450.00 +1,700.00 16:00
Black & Decker Corp. 62.00 +14.66 16:01
Burlington Northern Santa Fe 97.00 +20.93 16:00
Chesapeake Energy Corp. 24.51 +0.37 16:00
Ford Motor Co. 7.44 -0.14 16:01
Johnson & Johnson 58.93 -0.56 16:00
Marvel Entertainment Inc 50.20 +0.19 16:00
MasterCard Inc 219.20 -3.45 16:00
Motors Liquidation Co. 0.56 +0.01 15:59
Stanley Works 49.69 +4.54 16:01
Texas Roadhouse Inc 10.96 +1.57 16:00
Viacom Inc 30.17 +0.40 16:03


Quotes delayed at least 15 minutes.



Supplemental Information Provided By: Acquire Media, Dow Jones, Morningstar, Inc., Data and FX Quotes™ a GTIS Corporation.