Big Lots' Stock Plunges, Financials Lead Midday Trading




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Summary: Stocks advanced in midday trading Friday after being greeted this morning with a strong jobs report. The Labor Department said the economy added the most jobs in November since January 2012. Earnings is a driver for some stocks. Big Lots (BIG) is down 14% after missing more than expected in its quarter. Ulta (ULTA) shares are looking good after the salon retailer reported earnings that beat Wall Street estimates. JPMorgan (JPM) CEO, Jamie Dimon says he is now cancer-free. The head of America's biggest bank has been undergoing treatment after being diagnosed with throat cancer this summer. JPMorgan shareholders are applauding the good news. The stock is the best performer in the Dow Components. The financial sector overall is rallying. Goldman Sachs (GS), Bank of America (BAC) and Wells Fargo (WFC) are all up in the session.