US markets shrug off European concerns to finish flat $DIS:xnys

Despite political uncertainty in Europe, US markets managed to finish the session flat with US financials trading stronger
In French elections Socialist candidate Francois Hollande won the Presidency over incumbent Nicolas Sarkozy which will further increase pressure on Germany to take a more growth orientated approach to the debt crisis that is strangling Europe
Leading the S&P500 losses was Cognizant Technologies with the IT services firm falling 19.2% after cutting its profit and revenue forecast
US financials were up with BAC and WFC rallying 2.84% and 1.42% respectively after positive comments from US investor Warren Buffet
Leading the gains on the Dow was BAC, DIS and WMT rallying 2.84%, 2.07% and 0.83%. Leading the losses was HPQ down 1.65%
DOW –0.23%, S&P500 +0.04%, NASDAQ +0.05%
Euro declined on political uncertainty and the AUD held 1.0200
Gold continues to trade around US1640.00, Oil fell to 3 month lows