Stocks wavered, went flat and closed with little movement Friday, despite new data showing the unemployment rate has hit a 26-year high. The lack of traction left most exchange-traded funds flat, as well.

The Dow Jones industrial Average picked up 17 points to close at 10023. The Nasdaq was up 7 at 2112 and the S&P 500 picked up 3 to close at 1069.

Setting off the early decline, the Labor Department said U.S. unemployment rose to 10.2% in October and employers cut more jobs than forecast, a sign the labor market continues to struggle as the economy emerges from its deep recession.

The bump in the unemployment rate caught many off-guard. The rate, which is calculated using a survey of households as opposed to companies, climbed 0.4 percentage points last month, but economists surveyed by Dow Jones Newswires had forecast an increase of just 0.1 points (to 9.9%).

Nonfarm payrolls fell by 190,000 last month, with the largest job losses in construction, manufacturing, and retail trade. Economists had expected a 175,000 decrease.

Gold topped $1,100 an ounce early, then ebbed to 1095 at the close.

Crude traded on the Nymex dropped early. As of 4:10 p.m., front-month futures contracts were down $1.93 at $77.69. For a detailed rundown on Friday s trading session see our market story.

Winners

Gold prices climbed through the week, briefly topping $1,100 an ounce, pushing up the Market Vectors Gold Miners fund (GDX) 10.4%. The recently launched Market Vectors Brazil Small-Cap fund (BRF) rose 8.6% for the week.

Losers

Volatility was tough on investors in the iPath Exchange Traded Notes S&P 500 VIX Short-Term Futures Index fund (VXX), which shed 6.2% in a turbulent week. Declining natural gas prices pushed back shares of the United States Natural Gas fund (UNG) by 6.1%.

This Week s Industry News

Data Point
Global indexer FTSE Group licensed three international equity indexes to Charles Schwab Investment Management (SCHW) to allow the discount brokerage to create three new exchange-traded funds. These are among Schwab s first ETF offerings, and will track the FTSE All Emerging Index, the FTSE Developed ex-U.S. Index and the FTSE Developed Small Cap ex-U.S. Liquid Index. The FTSE All Emerging Index tracks the performance of large- and mid- cap stocks from 22 emerging markets including Brazil, China, Taiwan and India. The FTSE Developed ex-U.S. Index is comprised of large- and mid-cap stocks from 24 developed markets, excluding the United States. The FTSE Developed Small Cap ex-U.S. Liquid Index is made up of small-cap stocks from 24 developed markets, excluding the United States.

Exchange-traded fund blogger Ron Rowland of InvestWithAnEdge.com tallied up the product launches and found that 11 new ETFs and one new exchange-traded note were launched in October, and no products were delisted. According to his count, there were 880 active listings of ETF products at the end of October: 796 ETFs and 84 ETNs. They traded a total value of shares of $1.567 trillion for the month, a surge of 19% from the $1.312 trillion of September. ETF volume averaged 1.59 billion shares daily. Trading in the SPDR S&P 500 (SPY) averaged $21.7 billion daily, accounting for more than 30% of all ETF value traded.

Launching Pad
OOK Advisors, which last week launched the Oklahoma ETF (OOK), will began trading its TXF Large Companies ETF on Thursday. The fund will be made up exclusively of stocks issued by Texas s publicly traded companies. Based on the SPADE Texas Index, this will be the second state-based ETF introduced by OOK Advisors. The Oklahoma ETF has been relatively flat since inception and had low trading volume.

Exchange-traded fund provider iShares Trust has registered two ETFs focused on the financial sector and materials sector. The iShares MSCI Emerging Markets Financial Sector Index Fund will track the MSCI Emerging Markets Financial Sector Index, based on emerging economies. The iShares MSCI Emerging Markets Materials Sector Index Fund will track the MSCI Emerging Markets Materials Sector Index, which comprises stocks in chemical companies, construction materials companies, containers and packaging, metals and mining, and paper and forest products companies.

The company also plans to launch the iShares MSCI Europe Financial Sector Index Fund, which will track equities in financial institutions similar to those in its underlying index. The iShares MSCI Far East Financial Sector Index Fund will use a representative sampling strategy to replicate the performance of its underlying index, which comprised 93 securities of banks, financial companies, insurance and real estate companies in Hong Kong, Japan and Singapore.

Bond fund manager PIMCO, launched a pair of exchange-traded funds focused on medium and long-term Treasury bonds. The PIMCO 3-7 Year U.S. Treasury Index Fund (FIVZ) and PIMCO 25+ Year Zero Coupon U.S. Treasury Index Fund (ZROZ) began trading today, the firm reported. PIMCO already has ETFs for the 1-3 year and 7-15 year ranges, which charge annual fees of 0.2%.

Earnings and Conference Calls

Monday
4Kids Entertainment, Abraxas Petroleum, Acadaia Pharmaceuticals, Accellent, Advanced Photonix, Advocat, Albany Molecular Research, Alexza Pharmaceuticals, Alliance Laundry Holdings, Allianz, American CareSource Holdings, Angiotech Pharmaceuticals, Antares Pharma, Applied Energetics, Arena Pharmaceuticals, ATA, ATS, AVI BioPharma, Axesstel, Ballantyne Strong, Barrington Broadcasting Group, Bidz.com, BMP Sunstone, Boots & Coots, BPZ Resources, Caliper Life Sciences, CanArgo Energy, Capitol Federal Financial, Capstone Therapeutics, Capstone Turbine Corporation, Cardiac Science, Carrizo Oil & Gas, CECO Environmental, Century Casinos, CGI Group, Chindex International, Cinemark Holdings, Clear Channel Outdoor Holdings, Cogent Communications, Collectors Universe, Crawford & Company, Cytori Therapeutics, Deerfield Capital, DIC, DISH Network, DIVX, DTS Dynex Capital, Electronic Arts, Emeritus, Emisphere Technologies, Ener1, Energy Conversion Devices, Energy Partners, Energy Transfer Partners, ENGlobal, Ensign Energy Services, Entech Solar, Ever-Glory International Group, Evergreen Energy, Fluor, Full House Resorts, FX Energy, Gray Television, Great Basin Gold, Harvest Energy Trust, Hawk, Healthcare Realty Trust, Hologic, Home Inns & Hotels Management, Hospitality Properties Trust, Houston Wire & Cable Company, Infinity Pharmaceuticals, Intelsat, Inter Parfums, Intershop Communications, Keynote Systems, Lannett, Liberty Media, Lions Gate Entertainment, Live Nation, Loral Space & Communications, MBIA, McDermott International, Meridian Resource , Merrimac Industries, Miller Industries, MRV Communications, Natco, Nautilus, New Frontier Media, NexMed, Nuveen Investments, Partner Communications, Peerless Manufacturing, Pengrowth Energy Trust, Pike Electric, Point Blank Solutions, Presstek, Priceline.com, Quicksilver Resources, Rockwell Automation, Sappi, Sempra Energy, Sequenom, Solo Cup, Stifel Financial, Sunrise Senior Living, Tandy Leather Factory, TDF, Tesoro, Tower Semiconductor, Unigene Laboratories, Universal Display, Uranium Resources, Vanguard Health Systems, Warner Chilcott, Wave Systems, Western Refining, Windstream Communications

Tuesday
ACME Communications, Advanced Life Sciences, Air Transport Services Group, AirMedia Group, Akorn, Anthracite Capital, ArvinMeritor, Astea International, Atmos Energy, Baytex EnergyTrust, Beazer Homes USA, Bitstream, Bob Evans Farms, Cardiogenesis, CGGVeritas, China Digital TV Holding, China Yuchai International, Consolidated Water, CPFL Energia, CPI Aerostructures, Dawson Geophysical, Emdeon, Epicept, FirstCity Financial, Fossil, Franklin Covey, GeoEye, Glowpoint, Green Plains Renewable Energy, Gulf Resources, Harbin Electric, HearUsa, Henan Zhongpin Food Share, Hewitt Associates, Intelli-Check, Intertape Polymer Group, INX, JA Solar Holdings, Javelin Pharmaceuticals, Maidenform Brands, MI Developments, Onvia.com, Orbit International, Pan American Silver, Paragon Shipping, Perceptron, Provident Energy Trust, Ralcorp Holdings, Randgold Resources, Relm Wireless, RHI Entertainment, ShengdaTech, Supreme Industries, Synthetech, Systemax, Tandy Brands, The Hackett Group, Thomas Group, Tier Technologies, Top Image, Trailer Bridge, Ultrapetrol Bahamas, Universal Power Group, Vaalco Energy, Vodafone Group, Vought Aircraft Industries, Wells-Gardner Electronics

Wednesday
American DG Energy, Applied Materials, Baldwin Technology, Blonder Tongue Laboratories, CAE, Camtek, Canterbury Park Holding, CombiMatrix, Computer Sciences, Crown Crafts, CTI Industries, Ctrip.com International, Cytomedix, Dendreon, eGain Communications, Emerson Radio, Emrise, Flowers Foods, G. Willi-Food International, Global Options, Green Mountain Coffee Roasters, Grubb & Ellis, Hill-Rom Holdings, ING Groep, InSite Vision, Intrusion, Jacada, Kongzhong, Macy's, Manitex, NIS Group, Oncothyreon, Pioneer Behavioral Health, Telanetix, Tetra Tech, Progressive, Tucows.com, U.S. Home Systems, UGI, Veramark, Vertro, X Rite, Xinhua Sports & Entertainment, Youbet.com, Zoll Medical

Thursday
AECOM, Alliant Techsystems, AmBev - Companhia de Bebidas Das Americas,Banco de Chile, Banks.com, BCE,Birner Dental Management Services, Blockbuster, BluePhoenix Solutions, Brasil Foods, Cenveo, Cover-All Technologies, Darling International, eDiets.com, EFJohnson Technologies, eMagin, EnCana, SCO Technologies, Evolution Petroleum, Gammon Gold, GigOptix, Global Sources, Henry Bros. Electronics, HSN, Interleukin Genetics, Interval Leisure Group, Inuvo, Iridex, Key Technology, Kohls, Lime Energy, Lyris, Matthews International, MDRNA, Medcath, MER Telemanagement Solutions, Meridian Bioscience, Microsemi, Mobile Telesystems, Nash Finch, Netsol Technologies, Nordstrom, North American Palladium, NTN Buzztime, OccuLogix, P&F Industries, Pharmathene, Phonera, Repsol, Rexel, Sapiens International, Seahawk Drilling, Suburban Propane Partners, Taseko Mines, Telefonica, The Greenbrier Companies, The Management Network Group, Transcept Pharmaceuticals, Turkcell, Urban Outfitters, VirtualScopics, Vivendi, Wal-Mart Stores, Walt Disney, WebMediaBrands, Westport Innovations, Winland Electronics

Friday
Abercrombie & Fitch, Agilent Technologie, Artio, BCB Holdings, Craft Brewers Alliance, First Data, Fortress International Group, JCPenney, Michael Foods, Penford, Petr leo Brasileiro S.A.-Petrobras, Pressure BioSciences, Ready Mix, Teekay, URS, Votorantim Celulose e Papel, Yingli Green Energy Holding

Economic Data

Monday
No significant economic indicators

Tuesday
7:45 a.m. ICSC-Goldman Store Sales
8:55 a.m. Redbook

Wednesday
No significant economic indicators

Thursday
7:00 a.m. MBA Purchase Applications
8:30 a.m. Jobless Claims
9:00 a.m. RBC CASH Index
11:00 a.m. EIA Petroleum Status Report
2:00 p.m. Treasury Budget
4:30 p.m. Fed Balance Sheet
4:30 p.m. Money Supply

Friday
8:30 a.m. International Trade
8:30 a.m. Import and Export Prices
9:55 a.m. Consumer Sentiment
10:30 a.m. EIA Natural Gas Report