Morning stock check: Lam Research up, SunPowerdown

A day after seeing big early gains across the board, Lam Research Corp. (LRCX), a Fremont-based semiconductor manufacturer, leads local companies with its shares up more than 2.5 percent in early trading. Xilinx, Inc. (XLNX) and Verisign, Inc. (VRSN) are also trending up more than 2 percent per share this morning.

SunPower Corp. (SPWR), a day after being among the leaders of yesterday's big opening, is down more than 2 percent per share this morning. Also down is Yahoo! Inc. (YHOO), which was among the handful of local companies trending down yesterday morning, and Autodesk, Inc. (ADSK), both of which are down nearly 1.5 percent.

Cisco Systems, Inc. (CSCO) is trading at a volume of more than 15 million shares, and Intel Corp. (INTC) has had more than 13 million shares change hands this morning.

Overall, the Dow Jones Industrial Average Index is up and down during early trading but trending up. Currently it is above 13,400 points.

In other stock news, Chevron Corp. (CVX)said it would expand its capital and exploration spending program by 15 percent during 2008, according to the Associated Press. The Gap Inc. (GPS) reports its sales for November were up 11 percent, according to MarketWatch.com.

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