| NEW YORK
NEW YORK Oct 8 Mid- and small-capitalization
stocks rose along with the broader market on Friday, with
energy shares leading gains as oil prices advanced.
Bolstering sentiment was a weaker-than-expected U.S. jobs
report, which supported the view that the Federal Reserve could
Shares of Helix Energy (HLX.N) rose 4.2 percent to $12.01,
while shares of Superior Energy (SPN.N) gained 3.3 percent to
On the New York Mercantile Exchange, November crude oil
CLc1 rose 99 cents to $82.66 a barrel, following weakness in
the dollar and the jobs report.
The S&P MidCap 400 index .MID rose 0.7 percent while the
S&P SmallCap 600 index .SML advanced 1.3 percent. In
comparison, the benchmark S&P 500 .SPX gained 0.6 percent.
"Small caps are doing better than large caps...(but)
earnings are going to be the driver," and determine the
direction, going forward, said Scott Billeaudeau, portfolio
manager, Fifth Third Asset Management in Minneapolis.
The earnings season for the S&P 500 kicked off Thursday
with results from Alcoa Inc (AA.N).
Among the day's other advancers were shares of
Telecommunication Systems Inc TSYS.O, which advanced after
Wedbush Securities raised its rating on the company to
"outperform," saying a recent contract the company got from the
U.S. Marine Corps provided revenue growth visibility. For
details, see [ID:nSGE6970H2] Shares were up 13.9 percent at
(Reporting by Caroline Valetkevitch, Editing by Chizu