MARKET ROUNDUP (Source Bloomberg)

Dow Drops Most Since June Amid Disappointing Earnings; amid disappointing results at companies from 3M Co. to DuPont (DD) Co. and as commodities erased their gain for the year. The Standard & Poor's 500 Index decreased 1.4 percent to 1,413.11 at 4 p.m. New York time, the lowest level since Sept. 5. The Dow slumped 243.36 points, or 1.8 percent, to 13,102.53. Volume for exchange-listed stocks in the U.S. was6.6 billion shares, or 9.1 percent above the three-month average.

European Stocks Decline to Seven-Week Low on Results; as results from companies including Alfa Laval AB and D.E Master Blenders (DE) 1753 NV disappointed investors. France's CAC 40 Index sank 2.2 percent, Germany's DAX lost 2.1 percent and the U.K.'s FTSE 100 Index slid 1.4 percent.

Oil Near Three-Month Low on Speculation U.S. Stockpiles Rose; amid surging U.S. production. Crude for December delivery was unchanged at $86.67 a barrel in electronic trading on the New York Mercantile Exchange at 8:38 a.m. in Tokyo. The contract fell $2.06 yesterday to its lowest close since July 10 and is down 12 percent this year.

Source:Jupiter Securities Research, 24 October 2012