Markets Close Lower Ahead of Jobs Report

Nasdaq leads to the downside falling 0.7%. Crude
oil futures trade higher by 0.5% to $62.49.

Stocks on the Move

Baidu.com
(
BIDU |
Quote |
Chart |
News |
PowerRating)
Announces Appointment Of New Chief Scientist; Stock
Is Down (full
story
).  BIDU shares fall by nearly 7%.

Research In Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating)
Announces BlackBerry Availably For More Customers In Asia (full
story
).  RIMM shares fall  by 5%.

Cree
(
CREE |
Quote |
Chart |
News |
PowerRating)

Cuts Q2 Outlook (full
story
).  CREE shares get slashed by 12.5%.

Rite Aid
(
RAD |
Quote |
Chart |
News |
PowerRating)

November Same-store Sales Rise 2.9%; Q3 Sales Increase 4.2% (full
story
).  RAD shares close down 3%.

Hershey
(
HSY |
Quote |
Chart |
News |
PowerRating)
Cuts FY06 Outlook, Sets New FY07 View (full
story
).  HSY shares fall by 3.4%.

Fanni Mae
(
FNM |
Quote |
Chart |
News |
PowerRating)

Restates Earnings Down By $6.3 Bln (full
story
).  FNM shares rise by 2%.

For more stories as they happen, go to our Breaking News section.

Market Snapshot

Dow


-30.84

12,278.41

Nasdaq

-18.17

2,427.69

S&P 500


-5.61

1,407.29

NYSE


NASDAQ

Volume


2,700,678,000

2,051,040,000

Advances


1348

1195

Declines


1912

1873

Up Volume


848

740

Down Volume


1736

1258

New Highs


324

149

New Lows


11

32

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

PHLX Gold and Silver Sector
Index (XAU)


PHLX Semiconductor  Index (SOX)

Amex Gold Bugs
Index (HUI)

PHLX Oil Services Sector
Index (OSX)

S&P Chemicals Index (CEX)

PHLX TheStreet.com Internet Sector Index (DOT)

Economic News

Initial Claims 324K vs 325K consensus

Consumer Credit -$1.2 bln vs +$4.5 bln consensus

Darren Wong
darrenw@tradingmarkets.com

Use our most popular trading tool to find out how your stocks will move in the next 5 days.


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