Stocks managed a modest gain in Monday trading, as investors awaited the outcome of today's elections. The Dow gained 19 points to 13,112. The S&P 500 added 3 points to 1,417, while the Nasdaq rose nearly 18 points to nearly 3,000. Futures trading suggest small opening gains today.
- International stock markets were mixed today as traders refrained from major steps ahead of the U.S. presidential election and a leadership change in China. Asian stocks meandered while European stocks edged higher. Benchmark crude oil slipped but remained above $85 per barrel. The dollar gained against the euro but fell against the yen.
- The Labor Department today releases job openings figures for September. Earnings reports are scheduled from News Corp., CVS Caremark and Germany's BMW.
- Greece was hit by its third general strike in six weeks today as its trade union hope to persuade politicians to reject a major new austerity program that will condemn the country to more years of hardship in exchange for continued bailout funding. Conservative Prime Minister Antonis Samaras is facing his first serious crisis since he formed the coalition government in June as Socialist and left-wing members lawmakers threaten to vote against the austerity package.
- General Motors is boosting its cash with $11 billion in new credit lines, a move that could mean the automaker is preparing to buy back its shares from the government. The company said Monday it acquired the credit from 35 financial institutions in 14 countries. It now has more than $42 billion in available cash and credit.