Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Stocks climbed in early trading Thursday after the market got encouraging news on jobs and consumer spending, two of the economy's biggest trouble spots.

The Labor Department said the number of newly laid-off workers seeking unemployment benefits fell to 512,000 last week, the lowest level since January. Economists had expected 523,000 new claims.

Initial claims are considered a gauge of the pace of layoffs and an indication of employers' willingness to hire new workers. The report offered investors fresh hope that the government's monthly report on employment Friday may come in better than expected. Economists expect the unemployment rate to have risen to 9.9 percent in October.

Meanwhile, retailers posted their second consecutive gain in sales in October after more than a year of declines, proving that consumers are starting to spend a little more.

Technology stocks led the market's gains after an upbeat forecast from Cisco Systems Inc. The technology giant said late Wednesday that it expects revenue to grow for the first time in a year during the period ending in January.

The Dow Jones industrial average surged 127.49, or 1.3 percent, to 9,929.63. The Standard & Poor's 500 index rose 12.37, or 1.2 percent, to 1,058.87, while the Nasdaq composite index rose 32.80, or 1.6 percent, to 2,088.32.

Yesterday’s Top Performing Small Cap stock:

Qualsec (OTC BB: QLSZ) was a SmallCapVoice.com top performer yesterday closing up over 14% on trading volume 88,909 of shares.

Qualsec, which recently acquired VitaminSpice, LLC, announced that Dr Robi Ludwig, Psy.D., a nationally known psychotherapist and award winning reporter has agreed to be a spokesperson for VitaminSpice. Dr Ludwig will make appearances, on behalf of VitaminSpice, on various media venues including TV Talk Shows, TV Shopping Networks, News Talk Shows and satellite radio stations.

In addition, Qualsec, announced that VitaminSpice has reached an agreement with Cabo Foods Inc. in which VitaminSpice's vitamin-enhanced spices will be introduced to Cabo Foods' West-coast distribution networks and major retail chains that carry their high end gourmet chips.

These high end retail accounts include Ralph's Grocery (a Kroger company), Albertsons (a SUPERVALU company), Whole Foods Market, Inc. Costco, Henry's Farmers Market, Mother's Market & Kitchen, and Sprouts. The distribution area includes the states of California, Nevada, Arizona, Texas and Utah.

Today’s SmallCapVoice.com Hot Stock to Watch:

Pure Earth, Inc. (OTC BB: PREA)

Pure Earth, Inc., today announced that it has been awarded a large environmental project involving the construction of a new basketball arena for the New Jersey NETS basketball team in Brooklyn, New York. The estimated project value is $14 million and should be completed by late 2010. The project is slated to begin in late 2009. Pure Earth was able to secure this project as a result of its strategically located network of treatment and recycling facilities that can treat and beneficially reuse the contaminated soils that will be removed from the site. Pure Earth has previously worked with the engineering firm and general contractor to perform projects of this size in the past, and was selected because of its superior service and emphasis on recycling in an economically attractive manner.

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