Daily Market Recap -
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Updated Each Business Day at Approximately 4:30 pm ET
Stocks display resilience after week jobs report. The major indices closed flat to higher for the session and post weekly gains in the neighborhood of 3 percent. Nonfarm payrolls fell 190,000 last month. The unemployment rate jumped to 10.2 percent, versus expectations of 9.9 percent. It is the highest unemployment rate since April 1983. In other news, Starbucks increased its earnings forecast after reporting a $150 million profit. Its stock climbed more than 7 percent, hitting a new 52-week high.

The Dow traded 17 points higher to 10023. Travelers and International Business Machines worked together to keep the index in positive territory. Travelers climbed $1.26 to $51.90 and IBM gained 94 cents to $123.49. American Express led on the downside with a loss of 53 cents to $37.21. The NASDAQ tacked on 7 points to 2112. The S&P 500 edged 2 points higher to 1069. The Dow Jones Utility Index inched fractionally lower to 369 and Transportation Index advanced 41 points to 3852. The small caps of the Russell 2000 were almost a point lighter, closing at 580.

Volume totaled more than a billion shares on the New York Stock Exchange and 602 million shares were exchanged on the NASDAQ. Winners held a slight advantage over losers on the New York Stock Exchange but decliners outnumbered advancers by a 7 to 6 margin on the NASDAQ. Gold climbed $7.75 to $1096.75 per ounce. US Treasury securities were again little changed. Recent yields were 0.05 percent for the 90-day bill, 2.30 percent the 5-year note, 3.50 percent for the 10-year note and 4.40 percent for the 30-year bond. The pace of earnings and economic releases slows next. Economic highlights include November's consumer sentiment, October's trade balance and November's consumer sentiment. Have good weekend!

Customers with questions concerning this Afternoon Comment are advised to contact Dendra Lambert at: 1-800-444-1854 x1239 or (502) 588-1239. Members of the media are advised to contact Chambers Moore at 1-800-444-1854 x8416 or (502) 588-8416.