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Opening Glance: Staffing stocks edge down



By AP
16 May 2008 @ 10:00 am EST

NEW YORK - Shares of staffing companies edged down with the broader market Friday, as oil prices hit another high and housing data from the Commerce Department was mixed.

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Quotes
ASGN 5.76 0.43
KFY 14.66 1.96
KELYA 15.62 0.87
RHI 19.76 1.29

SYMBOL LOOKUP

Oil prices soared more than $3 a barrel, rising past $127 for the first time. Meanwhile, construction of new homes in April posted the biggest increase in more than two years, but single-family housing starts continued to weaken.

Here's how some staffing stocks traded early Friday:

On Assignment Inc., down 29 cents, or 3.6 percent, to $7.86.

Korn/Ferry International Inc., down 12 cents to $17.95.

Kelly Services Inc., down 16 cents to $22.08.

Robert Half International Inc., down 21 cents to $25.46.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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