Among the sector activity stories for Friday, May 2, from AP Financial News:
NEW YORK (AP) _ Shares of staffing companies wavered Friday, after the Labor Department said the unemployment rate declined in April, but at least one analyst said it was too soon to say whether the job market was making a comeback.
NEW YORK (AP) _ Semiconductor stocks on Friday gave back some of their gains from the day before, as Cirrus Logic Inc. shares plunged following a first-quarter loss.
NEW YORK (AP) _ Shares of drilling contractors rose Friday as crude prices turned sharply higher and investors cheered strong earnings from a number of key companies.
NEW YORK (AP) _ Handset stocks mostly fell Friday, although Research In Motion Ltd. advanced after an analyst increased his estimates and price target for the BlackBerry maker.
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