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updated 01:05, Sun September 30, 2007

S&P 500 Weighed Down by Jabil Circuit, Big Lots, McCormick

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NEW YORK (AP) -- Jabil Circuit Inc. was among the stocks dragging the Standard & Poor's 500 Index lower on Friday.

Shares of Jabil Circuit slipped $1.66, or 6.8 percent, to $22.84, after the electronics contract manufacturer's fiscal first-quarter outlook disappointed some analysts.

Shares of Columbus, Ohio-based discount retailer Big Lots Inc. fell $1.26, or 4.1 percent, to $29.84.

And McCormick & Co. declined $1.28, or 3.4 percent, to $35.97, extending the spice company's losses from Thursday.

The S&P 5000 Index declined 4.63 points to 1,526.75.

Among leaders on the index, shares of Dean Foods Co. gained $1.27, or 5.2 percent, to $25.58, after a Bernstein Research analyst launched coverage of the food maker with an "Outperform" rating.

Shares of Harman International Industries Inc. jumped $3.47, or 4.2 percent, to $86.52, after a Bear Stearns analyst upgraded the audio equipment maker.

Shares of Avon Products Inc., a New York-based cosmetics maker, rose $1.22, or 3.4 percent, to $37.53.

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