Current market conditions - The Dow Jones  (DIA, quote) trading up by 0.21% to 13101.07, S&P 500 (SPY, quote) is trading lower by 0.10% to 1421.51 and the NASDAQ (QQQ, quote) is trading down by 0.65% to 2969.88

Friday’s Top Headline

Department of labor non-farm payroll results jumped by 146k, crushing estimates and sent unemployment rate Fell to 7.7% in November.

Stocks Trending Higher

SandRidge Energy (SD, quote) activist shareholder, TPG-Axon Capital set up a website to educate SandRidge Energy shareholders about its push for changes at the Oklahoma City-based oil company.

Freeport-McMoRan Copper & Gold Inc. (FCX, quote) “Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Plains Exploration & Production Company ("PXP" or the "Company") (PXP, quote) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Freeport-McMoRan Copper & Gold Inc. ("FCX") in a transaction valued at approximately $6.9 billion”, according to Business Wire

Stocks Trending Lower

Bog Lots (BIG, quote) Chief Executive Steven Fishman sold $10 million in stock roughly a month before the firm informed shareholders that sales are slowing and that Big Lots may be subject to a Securities and Exchange Commission inquiry.

Commodities

The commodities front and center going into the weekend are gold and silver both dropping as low $1684.10 before bouncing back to basically unchanged at $1702.20 and silver move as low as $32.68 until it fought back to 33.05 on U.S. non-Farm Payroll report.  Crude Oil remains unchanged after similar price action.

Euro Zone

News coming out of France with the countries’ largest business coming forward and warning if the U.S. has a fiscal cliff then France has a Fiscal Mountain. According to of luxury goods company PPR (not traded here in the U.S.) CEO Francois-Henri Pinault, chief executive has been quoted saying "When we talk about the fiscal cliff in France it's a mountain, it's much higher than a cliff. And when it comes to France the only solution that has been put on the table is tax raises, nothing about cutting expenses. So it's a completely different situation."

Economics Data

Department of labor non-farm payroll results jumped by 146k, crushing estimates and sent unemployment rate Fell to 7.7% in November.

Sunday market participants will get China’s Trade Balance report – no time set as of yet. Japan has a slew of economic indicators released from BSI Manufacturing Index, Final GDP q/q and  Final GDP Price Index y/y.