MARKET ROUNDUP (Source Bloomberg)

U.S. Stocks Fall to Seven-Week Low as Fed Offsets Economy; as the Federal Reserve's call for moderate growth offset signs of improvement in Chinese factory output and America's housing market. The S&P 500 declined 0.3 percent to 1,408.75 at 4 p.m. New York time, dropping 1.8 percent in two days. The Dow Jones Industrial Average lost 25.19 points, or 0.2 percent, to 13,077.34. Volume for exchange-listed stocks in the U.S. was 6.1 billion shares, or about in line with the three-month average.

European Stocks Climb on SAP Revenue Forecast; as technology companies rallied, outweighing worsening economic data from the euro area. France's CAC 40 advanced 0.6 percent, Germany's DAX rose 0.3 percent and the U.K.'s FTSE 100 added 0.1 percent.

Oil Falls for Fifth Day as Inventories Increase; as U.S. inventories rose more than expected and fuel demand dropped. Crude for December delivery was at $85.74 a barrel, up 1 cent, in electronic trading on the New York Mercantile Exchange at 6:54 a.m. in Singapore. It settled yesterday at $85.73, the lowest since July 10. The five-day loss was the longest since May 18. Prices are down 13 percent this year.

Source:Jupiter Securities Research, 25 October 2012