JPMorgan Chase (JPM) - Get Report announced major job cuts on Thursday, reporting that it would eliminate about 12,000 jobs in an effort to integrate the recently acquired Washington Mutual.

This bad news comes on the heels of the report from the Labor Department indicating that first-time requests for unemployment benefits jumped to 667,000 from the previous week's figure of 631,000. The 667,000 new claims are the most since October 1982, though the labor force has grown by about half since then.

The market hasn't responded well to any news of late. Whether President Obama's newly unveiled 10-year plan can increase investor confidence remains to be seen.

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With this in mind, we thought we'd take a look at some of the stocks people have been searching for on

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