US markets ended flat as Veterans Day holiday sees lower volumes $EURUSD
- Published: 13 November 2012
- US markets ended the session flat as continued European worries and fiscal cliff fears saw investors take a cautious approach. Added to the markets trepidation was the lack of volume as many traders were away due to the Veterans Day public holiday
- Among key S&P sectors telecoms and industrials rose while utilities stocks fell
- Microsoft fell 2.12% after CEO Steve Ballmer said the tech giants new Surface tablet had a "modest" start to sales due to a lack of product availability
- Bet Buy announced that former Williams-Sonoma executive Sharon McCollam will become the companies new CFO. The stock responded positively rallying 3.59%
- Blackberry maker RIMM rallied 3.16% after announcing a January 30 release date for their long awaited and much delayed BB10 operation system
- Financial services firm Jefferies Group rallied 14.02% after major share holder Leucadia National announced it would buy the company in a USD3.7Bil stock deal
- DOW 0.00%, S&P500 +0.01% and NASDAQ -0.02%
- Currencies were very quiet due to Veterans Day and Crude was choppy, down 0.8%
