Market Wrap: Alcoa Stubs Toe; Slovakia Delays Inevitable; European Problems Getting Worse; Get the Balsillie Out Oct 11, 2011 05:52PM

Market wrap-up for October 11th

End of the Day: Dow Jones down 16.8 to 11,416.30; Nasdaq up 16.98 to 2,583.03; S&P 500 up 0.65 to 1,195.54

The following is a brief summary of events moving markets today:
Alcoa stubs its toe: Alcoa (NYSE: AA) reported better overall results, revenue increasing 21 percent and net income popping 180 percent, but earnings of 15 cents per share missed views calling for a more robust 22 cents per share. Alcoa cited lower metal prices and European drag as two primary reasons. Click here for more color on the quarter.

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