19.96%SPY 79.52 
5.39%XLF 9.68 3.09%
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NEW YORK - Shares of staffing companies declined Thursday, even after the government said the number of newly laid off U.S. workers filing for unemployment benefits declined last week -data that gave a boost to the broader market -following a downgrade of the sector from Merrill Lynch & Co. to "Neutral."
The downgrade cited concerns that the weakness in financial services will spread to other sectors. The broker cut its ratings to "Sell" from "Neutral," on Heidrick & Struggles International Inc., Korn-Ferry International, Kelly Services Inc., Manpower Inc. , Robert Half International Inc. and TrueBlue Inc.
How some staffing stocks traded Thursday:
Manpower, down $1.59, or 2.4 percent, to $64.03.
Korn/Ferry International, down $1.26, or 7.2 percent, to $16.28.
Kelly Services, down $1.46, or 6.9 percent, to $19.79.
Robert Half International, down 95 cents, or 3.9 percent, to $23.71.
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