May closed the worst trading month for the S&P 500 since August 2010. On this bearish note, stocks are slumping out of the starting gate this first day of June.

Pushing stocks lower this morning is disappointing ADP employment data, showing U.S. employers added only 38 thousand private sector jobs in May. This is the lowest level since September 2010 and is far below the 175 thousand new jobs analysts expected.

And after effect of May’s devastating Japanese earthquake and tsunami, this morning’s manufacturing numbers also disappointed, adding to fears of a faltering economic recovery.

Given these reports, many stocks are struggling to make headway this morning. In particular, Skypeople Fruit Juice (NASDAQ: SPU) appears to be crumbling. Reflecting economic softness, state banks, like Southern National Bank Corp of Virginia (NASDAQ: SONA) and First Bank (NASDAQ: FBNC), are also hitting new 52-week lows.

However, leading the pack with new 52-week highs are several IT companies, including , Telvent GIT, S.A. (NASDAQ: TLVT) and CGI Group (NYSE: GIB). Restaurant chain, Red Robin Gourmet Burgers (NASDAQ: RRGB) has also hit a fresh 52-week high today.

Stocks hitting new 52-week highs

Telvent GIT (NASDAQ: TLVT) – The Spanish company provides worldwide IT, web-based and data services solutions for energy, transportation and infrastructure systems. The stock is so far up about 15% in trading today on news that Schneider Electric has made a $2 billion bid to acquire Telvent.

CGI Group (NYSE: GIB) – The well-known Canadian IT and management consulting company is up approximately 3% in morning trading, following yesterday’s announcement CGI will provide cloud computing services for BMO Financial (NYSE: BMO) group’s new social media hub.

Red Robin Gourmet Burgers (NASDAQ: RRGB) – The Colorado-based casual-dining franchise is up nearly 2% in morning trading. The stock is on the rise following yesterday’s announcement the burger joint will prototype a smaller square foot restaurant, in attempt to provide greater menu and service flexibility.

Stocks hitting new 52-week lows:

Skypeople Fruit Juice (NASDAQ: SPU) – The Chinese beverage and fruit company is suspected of misrepresenting its production volume, profitability and revenue, prompting shareholders to question the stock’s current valuation. So far in trading today, the stock has lost about -4%.

Southern National Bank Corp of Virginia (NASDAQ: SONA) – Provides banking services to corporate and retails throughout much of Virginia. In early-morning trading, the stock has so far lost -2.6%.

First Bancorp (NASDAQ: FBNC) – The holding company for First Bank, provides a range of banking services to small and medium-sized businesses. So far this morning, First Bankcorp has lost nearly -2.5%.

As of this writing, Deborah O’Malley did not own a position in any of the stocks named here.