Market Currents

Market recap: Disappointing jobs data put a big dent in stocks, capping the year's worst week...

Friday, May 4, 2012, 4:10 PM ET
Market recap: Disappointing jobs data put a big dent in stocks, capping the year's worst week for the S&P and Nasdaq. The bottom line is that economic momentum is slowing, but not enough to wake up the Fed. Energy stocks weighed heavily for the third straight session, as crude dropped 4% to $98.49. Yields on 10-year Treasurys slid below 1.9%. NYSE losers led winners four to one.

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This news story has 2 comments:

untrusting investor Comments (9879)

Just the start of the sell in May and go away for 2012. Buy the dippers nowhere to be found today.

4 May 2012, 09:20 PM Reply Like

Kevin Wilbur Comments (118)

!I appreciate your comment, and your willingness to share your thoughts, assessments and opinions with other SA members.

See my SPX chart published today in my SA article, Chart: The S&P And 'Sell In May' In An Election Year, at:

http://seekingalpha.co...

Be sure to also sign up as a follower/friend, and I will be sure to keep you abreast of my coming thoughts and opinions on the market too..

Thanks!

5 May 2012, 12:50 AM Reply Like

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