Flat Close Ahead Of Elections

The markets closed flat with the Dow rising 6 points to 11,124 ahead of elections tomorrow. Nasdaq slipped 2 points to 2504.

On the upside

Seeking Alpha contributor Sheff Station expects Aastrom's (Nasdaq: ASTM) stock price to rise in November.

Third quarter earnings surged for Arch Coal (NYSE: ACI) as revenue leaped prompting an upgrade. 

Nam Tai Electronics (NYSE: NTE) reported higher third quarter earnings as revenue climbed.

On the downside

First Horizon National (NYSE: FHN) received a subpoena for information related to certain securities backed by Fannie Mae and Freddie Mac.

Goodrich Petroleum (NYSE: GDP) reported that production in the third quarter was lower than expected.

Sify Technologies (NYSE: SIFY) widened second quarter losses.

In the broad market, advancing issues edged out decliners by a slim margin on the NYSE while decliners outpaced advancers by more than 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 4 points to 698.