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Small-cap stocks threw a gasket in the final hour of trading Friday, giving back a lion’s share of Thursday’s stunning rally off new bear market lows while finishing with the lowest weekly close since August 2003. Slumping tech stocks, dreadful retail sales and a risk-averse mentality took a toll on a market that is starting to get a penchant for wicked afternoon volatility. The Russell 2000 (NYSE:IWM) closed down 34.71, or 7.07% at 456.52 and is now down 40% for 2008, while the Dow is off 36% for the year and the S&P 500 is down 41%.

Small caps entered the day on a mildly weak note, unable to graft higher on modest gains in Europe and Asia and seemingly not able to revive the manic bargain-hunter push from Thursday afternoon. A big part of the problem is that no matter how hard investors try to write off ugly economic data, at some point the blows wear down psychology, kind of like a fighter who’s been absorbing body shots for several rounds.

The latest stinger on the data front was this morning’s retail sales report, which posted the largest October decline on record (the series only dates back to 1992). The slide was 2.8%, well below the forecast for a decline of 1.5%, but perhaps a little closer to the “worst case” scenarios that were floating about. It doesn’t help matters that consumer spending appears to be falling off a cliff into the holiday season and a fresh batch of earnings reports from retail firms simply added to the spending worries.

The S&P Retail Index tumbled about 7% today as a recurring theme played out for stores that we all frequent from time to time – everything from apparel to home improvement to electronics – they all basically warned that forward projections were at risk as the U.S. economy lurches through the recession. Speaking of recession, eurozone economists beat the official U.S. designators to the punch by . . .

Small-cap stocks extended the morning rout into midday trading, pulled down by renewed worries about the economy following the worst decline in October retail sales on record, which only heightens fears about consumer spending moving into the key holiday season. At 2:16 p.m. ET, the Russell 2000 (NYSE:IWM) was down 4.29%, on target for the third-lowest daily close in more than five years and the lowest weekly close since August 2003 despite the dramatic recovery explosion from Thursday.

Energy and technology stocks were among the dominant drags on the market, with the Energy SPDR off nearly 5% and the tech-laden Nasdaq 100 down about 4.5%. Within the tech arena, anything tied to the cell phone business was getting hammered following Nokia’s warning that sales would fall far below expectations in coming months. Nokia Corporation (NYSE:NOK) was down 12%, Motorola Inc. (NYSE:MOT) was off 8% and QUALCOMM Inc. (Nasdaq:QCOM), the largest mobile phone chip maker, was down 6%.

Back on the commodities theme, crude oil prices were down about $1.60 a barrel, as worries about global demand persist. Despite the pullback on energy prices, commodities overall were hanging in there today, with the Commodity Research Bureau Index basically flat at mid-session. In general, commodities are way oversold and the U.S. dollar tone is mixed today (up versus euro, down versus yen).

As for retailers, today just isn’t pretty. The S&P Retail Index is down 6% and a host of name-brand companies released earnings today that were either disappointing, or even when solid for the third quarter reflected downward guidance for the coming quarter. Nordstrom Inc. (NYSE:JWN) was down 8%, JC Penney Company Inc. (NYSE:JCP) was down 9% and although the pain was intense for apparel oriented retailers, there was plenty of agony to go around; for instance, home improvement retailer . . .

Small-cap stocks opened lower, pressured by bleak retail sales data, soft earnings news, a pullback in energy prices, money flow into credit markets and a “breather” mentality after Thursday afternoon’s humongous recovery rally. At 9:57 a.m. ET, the Russell 2000 (NYSE:IWM) was down 5.85, or 1.19%, at 485.39.

Today’s “big event” -- the retail sales report, came in below expectations with a record October drop of 2.8%, far off the projection for a 1.5% decline, but closer to the whisper numbers making the round late this week. Stock index futures were down about 1.5% before the awful retail sales release and they remained down about 1.5% in the 60 minutes following the report, which suggests that other factors were at play. This morning’s Michigan sentiment survey came in at 57.9, which was slightly better than the forecast of 56.5, and which appeared to have little impact on trading.

The pullback this morning could simply be the market taking a break after a stunning bullish reversal off bear market lows Thursday. There is also a chance that traders don’t want to be caught short over the weekend just in case the G-20 comes out with some stunning stimulus package. G-20 leaders started an economic summit today in Washington to discuss the ongoing global financial crisis. And while G-20 leaders are in Washington working on ways to fix the world’s financial problems, central bankers are over in Europe, where the latest news overnight is that the eurozone economy slipped into recession for the first time in 15 years. Bernanke said that bank liquidity measures were generating tentative improvements in credit markets and that central banks remain ready to act if needed. His comments came into the teeth of the retail sales release but seemed to have limited initial market reaction.

Libor rates edged up again overnight for the second consecutive session, which raises some caution flags among investors about the lending mentality around the world. Within the credit spectrum this morning, money seemed to moving into Treasury products, with the yield on benchmark 10-year notes tumbling more than 3%. Since yields move inverse to price the big slide on rates reflects demand for Treasury products. Energy shares were a big positive factor for the market during Thursday’s rally, but were a drag this morning as crude oil prices slipped about $0.70 . . .

After a smack-down on Thursday small-cap stocks continued their slide into Friday. The Russell 2000 remained submerged midday after the unemployment rate jumped more-than-forecasted, adding to the economic case against the economy.

At 1:32 p.m. ET, the Russell 2000 (NYSE:IWM) was down 6.11, or 0.85%, at 712.51, off its lows of the session.

The jobs data disseminated from the Labor Department this morning sent equities into a tailspin, as the nation’s unemployment unexpectedly jumped to the highest level since December 2003. Unemployment rose to 6.1% from 5.7%, while economists were forecasting the rate to clock in roughly flat. Adding to the gloomy jobs report, non-farm declined by 84,000, wider than the forecasted decline of 75,000 jobs. This marked the eighth consecutive monthly decline in payrolls, which hasn’t happened since the 2001 to 2002 time frame.

“So far this year, 605,000 jobs have been lost,” Steven Wood, chief economist with Insight Economics, said in an email. “The economy has clearly slipped into a jobs recession because the housing meltdown and credit market turmoil has spread to the broader economy. Over the past year, the number of unemployed people has increased by more than 2.24 million and the unemployment rate has increased by 1.4 percentage point. In the post World War II period, every time the unemployment rate has jumped by a full percentage point or more in the course of a year, the economy has been in a recession.”

With the spotlight on the jobs market, oil’s slide midday did little to change the market’s direction. Crude oil futures had slid about $2 a barrel to $105 and change midday, as oil traders sold off the commodity in the face of weakening demand worldwide. The greenback was mixed against the euro and the yen. The euro had climbed to $1.4257 midday.

The market also overlooked that home foreclosures grew at the most rapid pace in nearly 30 years during the second quarter, as tough credit conditions persisted.

Small-cap stocks slumped this morning, extending the rout from Thursday’s session as investors woke up to the harsh news that America’s unemployment rate was approaching five-year highs. At 9:50 a.m. ET, the Russell 2000 (NYSE:IWM) was down 4, or 0.56%, at 714.62.

On Thursday, small caps collapsed, generating the largest one-day loss since early January, but the market still had bearish bullets in the holster after today’s dreadful employment report from the Labor Department. The jobs data showed that the nation’s unemployment jumped to 6.1% from 5.7% (the market was expecting the rate to hold steady), which was the highest point since December 2003. In addition, the headline figure on non-farm payrolls came in at a loss of 84,000 jobs, which was worse than the consensus estimate for a decline of 71,000 jobs. This marked the eighth consecutive monthly decline in payrolls, which hasn’t happened since the 2001 to 2002 time frame when the economy was emerging from recession.

“So far this year, 605,000 jobs have been lost. The economy has clearly slipped into a jobs recession because the housing meltdown and credit market turmoil has spread to the broader economy,” Steven Wood, chief economist with Insight Economics, said in an email. “Over the past year, the number of unemployed people has increased by more than 2.24 million and the unemployment rate has increased by 1.4 percentage point. In the post World War II period, every time the unemployment rate has jumped by a full percentage point or more in the course of a year, the economy has been in a recession.”

Crude oil futures were down about $1 dollar a barrel before the jobs report, but climbed back toward steady prices as the dollar retreated off overnight highs against the euro, and tumbled versus the yen. In overnight trading, copper prices hit a seven-month low in Europe, but since copper is considered a key economic indicator, it’s actually one of those commodity markets that investors aren’t that . . .

Small-cap stocks pushed higher Wednesday, finding comfort in soft energy and firm dollar trends, even as large-cap stocks fretted about global growth worries and a mixed picture on the economic front. The Russell 2000 (NYSE:IWM) closed up 3.40, or 0.46%, at 741.91.

Small caps outperformed large-cap index products and the straight dollar spread of the S&P 500 against the Russell 2000 tumbled to fresh move lows and is at the lowest point in well more than a year. For the day, the S&P 500 was down 0.20% and is now down 13.1% on the year. Meanwhile, the Dow was up 0.14% today and is off 13% for the year. The biggest losses today were suffered in the technology arena, with the tech-laden Nasdaq 100 sinking 0.9%.

The terrain right now seems particularly difficult for investors to navigate. Just because crude oil prices sink, it doesn’t necessarily mean the overall stock market will rally. And just because the dollar is strong, it doesn’t necessarily mean money is shifting into U.S. assets. There are growing concerns that the slide in energy prices is more a reflection of a slowing global economic environment, which could pinch overseas demand for U.S. goods — and U.S. exports were about the only bright spot in the recent economic slowdown. Along those same lines, American technology companies are cautioning that global customers may cut back on spending, which has been a chilly issue tech stocks.

In today’s action, Intel Corp. (Nasdaq:INTC) was the poster child for the tech spending worries, with INTC stock sinking 4.5%. Research in Motion Ltd. (Nasdaq:RIMM), also posted declines greater than 3% and Nokia Corporation (NYSE:NOK) slumped to fresh move lows and are at the lowest point in more than a year amid talk that worldwide cell phone users just aren’t that eager to pay up for the latest and greatest technology gizmos.

The sloppy price action in large caps today also provided some confirmation that Tuesday’s decline in stocks amid a collapse in crude oil prices was not a fluke. Crude oil prices remained on the defensive today, slipping $0.36 a barrel to $109.35, but did manage to bounce about $2 dollars off the intraday low. Outside . . .

After opening higher today, small-cap stocks were mostly higher at mid-session, in part due to better-than expected earnings reports from large caps. Many key players reported weak outlooks, though, that put pressure on small caps. Strong economic data kept investors cautiously optimistic that the U.S. economy could start to crawl out of the red.

At 1:06 p.m. ET, the Russell 2000 (NYSE:IWM) was up 0.07, or 0.01%, at 686.82.

With earnings season well underway, large-cap stocks were driving the market — though not altogether forward. JPMorgan Chase & Co. (NYSE:JPM) reported earnings that beat estimates by more than 22%. By market value, JPMorgan is the largest U.S. bank. JPMorgan’s jump helped continue the rally of financial stocks after days of bleak news about the U.S. banking industry. On Wednesday Wells Fargo & Co. (NYSE:WFC) announced an increase of 10% in its dividend after posting solid results.

On the downside, The Coca-Cola Company (NYSE:KO) dropped 4% on below-average volume after reporting its second-quarter profits had dropped 23% from a year ago. The beverage retailer said its weak earnings were due to lowered soda demand from U.S. customers. News of the weak earnings dragged down shares of consumer goods. Internet retailer eBay Inc. (Nasdaq:EBAY) also tumbled 14% after giving an unimpressive outlook.

Government reports showed weekly jobless claims rose to 366,000 this week, a figure that was well below expectations for a jump to 380,000. Housing starts rose 9.1% while analysts had been expecting a drop of 1.5%. Despite this, single-family home construction sunk 5.3% in June to a 17-year low while construction of multi-family homes skyrocketed 42.5% from the same month a year ago.

For the first time in days, the U.S. Federal Reserve and crude oil prices weren’t in the spotlight. Crude oil was lower overnight and was down at mid-session to $133.87 per barrel, a far cry from the records highs over $147 seen earlier this . . .

The Russell 2000 (NYSE: IWM) closed with a tiny drop while the other major U.S. indices rose on upbeat economic news and good earnings. The small-cap index lost 0.71 points, or 0.10%, to 692.72. The Dow Jones Industrial Average (INDU) added 108.44 points, or 0.88%, to 12,378.61.

On a year-to-date basis, the Russell 2000 has shed 9.57%, while the Dow has let go 6.68% and the S&P 500 is missing 7.92%.

American households and businesses will get $150 billion in tax rebates and cuts this summer as part of a stimulus package intended to prevent a recession. Details of the deal were officially announced this afternoon.

“This package has the right set of policies and is the right size,” President Bush said this afternoon. “The incentives in this package will lead to higher consumer spending and increased business investment this year.”

The Democratic leadership in Congress and the White House agreed to give most tax filers rebates of up to $600 per person and $1,200 for couples. Workers who don’t make enough to pay taxes will receive checks of $300 per person.

The rebates will total about $100 billion and will be mailed out starting in May. The package also includes approximately $50 billion in business tax cuts that will allow businesses to write of 50% of certain capital equipment purchases.

It is not yet clearly when Congress will vote on the package, but House Speaker Nancy Pelosi has said that action will be taken soon.

The Russell 2000 (NYSE: IWM) and the other major indices lost steam after opening strong on upbeat corporate and economic news.
 
At 10:25 a.m. ET, the small-cap index had advanced 2.01 points, or 0.29%, to 695.44. The Dow Jones Industrial Average (INDU) was up 30.32 points, or 0.25%, to 12,300.49.

Futures were pointing up and small-cap stocks began the day in positive territory following news that Finland’s Nokia Corp. (NYSE: NOK) reported a 44% surge in its fourth-quarter net profit. The world’s largest maker of mobile phones also said that its net sales during the final three months of 2007 grew 34% as the company expanded its market share.

Bullish news also came from Ford Motor Co. (NYSE: F), which announced before the opening that it has lowered its fourth-quarter and full-year loss. The Dearborn, Mich.-based carmaker plans on cutting as many as 11,000 hourly jobs in order to decrease its costs. Ford is currently in talks with the United Auto Workers union.

On the economic front, a report by the U.S. Labor Department shows that the job market remains strong despite the recent financial and economic turmoil.

The Russell 2000 (NYSE: IWM) futures are higher and the small-cap index will likely open in the green.

The bulls are ready to go following news that Nokia Corp. (NYSE: NOK), the world’s largest maker of mobile phones, reported a 44% surge in its fourth-quarter net profit. Net sales during the final three months of 2007 grew 34%.

Also contributing to the upbeat mood is troubled carmaker Ford Motor Co. (NYSE: F). The Dearborn, Mich.-based firm announced that it has lowered its fourth-quarter and full-year loss to $1.30 per share, compared with a loss of $2.98 per share a year earlier.

In economic news, the U.S. Labor Department reported that jobless claims for the week ended Jan. 19 fell 1,000 to a level of 301,000 from the preceding week’s upwardly revised 302,000.

Investors will also be paying attention to data on existing home sales for December, which will be released at 10 a.m. ET by the National Association of Retailers. Economists are expecting to see a decline.

Here are the biggest percentage gainers and losers in pre-market trading among companies with a market cap between $100 million and $750 million:

The Russell 2000 (NYSE: IWM) edged out a gain while the Dow Jones Industrial Average (INDU) fell after news of weak earnings from Bank of America (NYSE: BAC) and Pfizer (NYSE: PPE) reminded investors that the subprime crisis is negatively impacting corporate earnings. The small-cap index added 0.14 points, or 0.02%, to 825.03. The Dow shed 3.58 points, or 0.03%, to 13,888.96.

Bank of America Corp.’s third-quarter net income plunged 32% due to write-downs on leveraged buyout loans and higher credit loss provisions. The firm’s third-quarter profit was $3.7 billion, or $0.82 per share, below analyst expectations of $1.06 per share and from $5.4 billion, or $1.18 per share, during the same period of 2006.

In other bearish news, Pfizer Inc.’s third-quarter net income plummeted 77%, due to a $2.8 billion charge related to the company exiting its insulin product Exubera. The company made the decision to exit Exubera because of intense competition from generic competitors. Pfizer’s third-quarter net income totaled $0.76 billion, or $0.11 per share, below Wall Street projections of $0.52 per share and from $3.36 billion, or $0.46 per share, a year earlier.

At 8:30 a.m., the U.S. Department of Labor said the number of Americans filing first-time applications for state unemployment benefits increased beyond economists’ expectations. For the week ended Oct. 13, the number of initial jobless claims rose to 337,000, above a forecast 315,000 and compared with 309,000 during the prior week.

The Russell 2000 (NYSE: IWM), along with the other major U.S. indices, is treading lower this morning after disappointing earnings from Bank of America Corp. (NYSE: BAC) refreshed investors’ concerns that the subprime mortgage debacle is materially cutting into corporate earnings and the economy.

At 10:37 a.m. ET, the small-cap index had shed 1.33 points, or 0.16%, to 823.56. The Dow Jones Industrial Average (INDU) was down 25.61 points, or 0.18%, to 13,866.93.

Bank of America’s third-quarter net income plunged 32% on account of write-downs on leveraged buyout loans and higher credit loss provisions. The firm’s third-quarter profit was $3.7 billion, or $0.82 per share, below analyst expectations of $1.06 per share and from $5.4 billion, or $1.18 per share, during the same period of 2006.

Adding to bearish earnings news, Pfizer Inc.’s (NYSE: PFE) third-quarter net income plummeted 77%, due to a $2.8 billion charge related to the company exiting its insulin product, Exubera. The company made the decision to exit Exubera because of intense competition from generic competitors. Pfizer’s third-quarter net income totaled $0.76 billion, or $0.11 per share, below Wall Street projections of $0.52 per share and from $3.36 billion, or $0.46 per share, a year earlier.

Earnings from Bank of America and Pfizer overshadowed Nokia Corp.’s (NYSE: NOK) strong third-quarter results. The mobile device maker reported an 85% increase in third-quarter profit, on a 26% increase in the number of phones shipped in the quarter.

As stocks sold off, treasuries rose for the fourth straight trading session for the first time since August, as the effects of the credit crisis reared its ugly head on reducing earnings at some of the largest U.S. banks. The yield on the two-year note fell to 3.92% at 10:06 a.m.

The odds for a quarter-percentage point Fed rate cut at the Oct. 31 meeting rose to 68% odds from a 54% chance Wednesday. The increased odds of a Fed rate cut sent the dollar tumbling to a record low against the euro. The dollar fell to $1.42 against the euro at 11 a.m. ET.

The Russell 2000 (NYSE: IWM) spread its wings and reached for the stars while the Dow closed at a record high on renewed investor optimism. The small-cap index added more than the other major U.S. indices, moving up 19.29 points, or 2.39%, to 824.74. The Dow Jones Industrial Average (INDU) gained 191.92 points, or 1.38%, to 14,087.55, above its previous record close of 14,000.41 on July 19.

The fourth quarter began with a memorable rally as investors decided that the worst of the subprime meltdown and the credit crunch has passed. Stocks were cruising along an upward trajectory during the entire session and rarely looked back.

Trading got off to a bullish start following news that Finnish mobile telephone giant Nokia Corp. (NYSE: NOK) is buying Chicago-based Navteq Corp., a maker of navigation software, for about $8.1 billion. The transaction has received the approval of both boards and is expected to close in the first quarter of 2008.

Mergers and acquisitions, which helped propel Wall Street to new highs this summer, have been lacking in recent weeks due to the credit squeeze and turmoil in the financial markets.

Also contributing to the positive sentiment was Citi Investment Research, the research arm of financial services giant Citigroup Inc. (NYSE: C), which recommended buying shares of a number of homebuilders, saying that the equities could appreciate in the near future.

The Russell 2000 (NYSE: IWM) and the Dow (INDU) are firmly in positive territory on news of the latest corporate deal-making.

At 10:00 a.m. ET, the small-cap index had added 7.35 points, or 0.91%, to 812.80. The Dow Jones Industrial Average was up 81.85 points, or 0.59%, to 13,977.48.

Mobile telephone heavyweight Nokia Corp. (NYSE: NOK) is buying Chicago-based Navteq Corp., a maker of navigation software, for about $8.1 billion, the Finnish company said this morning. The transaction has received the approval of both boards.

Mergers and acquisitions, which helped propel Wall Street to new highs this summer, have been lacking in recent weeks due to the credit squeeze and turmoil in the financial markets.

In other corporate news, Citigroup Inc. (NYSE: C) reported that its third-quarter profit tumbled 60% due to weakness in the credit markets and losses associated with the purchase of securities backed by mortgage loans.

The Russell 2000 (NYSE: IWM) futures are up and the small-cap index will likely open higher following news of corporate deal-making.

Mobile telephone heavyweight Nokia Corp. (NYSE: NOK) is buying Chicago-based Navteq Corp., a maker of navigation software, for about $8.1 billion, the Finnish company said this morning. The transaction has received the approval of both boards.

In other corporate news, Citigroup Inc. (NYSE: C) reported that its third-quarter profit tumbled 60% due to weakness in the credit markets and losses associated with the purchase of securities backed by mortgage loans. The New York-based bank, the largest in the United States, said today that it suffered losses of $1.3 billion on subprime assets and roughly $600 million in fixed-income trading.

Today is set to be a quiet day in terms of economic news, with no major reports other than the release of the monthly manufacturing index scheduled for 10 a.m. ET. Economists expect that the Institute for Supply Management's manufacturing index will move up slightly.

Shares of Airvana, Inc. (Nasdaq: AIRV) are trading higher following news that the provider of network infrastructure products used by wireless carriers has joined with Nokia Corp. (NYSE: NOK) to jointly provide cell products to mobile operators.

Chelmsford, Mass.-based Airvana and Finland’s Nokia will provide femto cells, which are small boxes that use a broadband Internet connection to provide mobile cellular coverage at home. The home-based stations will allow third generation (3G) mobile operators to compete with home access solutions such as Wi-Fi or WiMax. While standard mobile phones are relatively cheap and widely available, dual mode handsets with Wi-Fi capabilities are rarer and more expensive.

“We believe that femto cells will transform the experience of using mobile devices indoors,” said Randy Battat, Airvana President and CEO, in a press release.

Airvana and Nokia said that they will cooperate in the marketing and sales of the technology. The companies did not release financial details.

At 12:52 p.m. ET, Airvana, Inc. (Nasdaq: AIRV) was up $0.45, or 7%, to $6.69.

The Russell 2000 (NYSE: IWM) and the Dow Jones Industrial Average (INDU) moved up for the second consecutive day on news of strong corporate earnings. The small-cap index added 6.07 points, or 0.78%, to 783.99. The Dow moved up 100.96 points, or 0.76%, to 13,463.33.

Finland’s mobile phone maker Nokia Corp. (NYSE: NOK) encouraged the bulls with news that second-quarter profit doubled due to strong sales in China and India.

Woonsocket, R.I.-based drugstore operator CVS Caremark Corp. (NYSE: CVS) also doubled its profit and beat analysts’ projections, while restaurant operator Applebee’s International Inc. (Nasdaq: APPB) reported a second-quarter net income of $24.2 million, or $0.32 per share, compared with a net income of $20.4 million, or $0.27 per share, during the same quarter of 2006.

There was also some bad news.

The U.S. Census Bureau reported that total construction, measured by the value of construction put in place, fell 0.26% to an annual rate of $1,175 billion in June, compared with $1,178 billion in May.

The annual pace of construction was $1,204 billion in June 2006.

The Russell 2000 (NYSE: IWM) and the Dow have now settled on a positive trajectory after bouncing around for most of the day. At 2:15 p.m. the small-cap index had gained 2.96 points, or 0.38%, to 780.88. The Dow Jones Industrial Average (INDU) was up 49.26 points, or 0.37%, to 13,411.63.

The upward momentum is largely due to news of positive earnings from some major players.

Finland’s Nokia Corp. (NYSE: NOK), the largest mobile phone maker in the world, set the tone when it said that second-quarter profit doubled due to strong sales in China and India.

Likewise, drugstore operator CVS Caremark Corp. (NYSE: CVS) also doubled its profit, reporting earnings of $723.6 million, or $0.47 per share, compared with $337.9 million, or $0.40 cents per share, a year earlier. That was just one cent above Wall Street’s forecast net income of $0.46 per share.

The Russell 2000 futures are higher and the index is set to open in positive territory following news of strong corporate earnings.

Nokia Corp. (NYSE: NOK), the world’s largest manufacturer of mobile phones, reported that its second-quarter profit more than doubled due to higher sales in fast-growth markets such as India and China.

Similarly, Viacom Inc. (NYSE: VIA) also beat analysts’ projections. The New York-based entertainment company’s net income fell to $434 million, or $0.63 per share, but still came in above Wall Street’s projected earnings of $0.50 per share. During the second quarter of 2006 the owner of MTV Networks and Paramount movie studios earned a profit of $437.3 million, or $0.61 per share.