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Stock Market Today

Friday, May 6 2016

Daily Updates

Stock Market Today: May 6, 2016

Harvey S. Katz, Adam Rosner, Robert Mitkowski | 05/06/2016

Stocks ended the first week of May on an up note, although the outcome was not a foregone conclusion. At the close on Friday, the Dow Jones Industrial Average was 80 points higher; the NASDAQ gained 19 points; and the S&P 500 was seven points to the good. Advancing issues topped decliners by a 9 to 5 margin on the New York Stock Exchange, but the spread was much narrower on the NASDAQ.

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Markets Commentaries

Job Growth Slows In April

Harvey S. Katz | 05/06/2016

Concerns about slowing employment growth, which surfaced earlier this week, and increased following a disappointing issuance on private-sector job creation during the month of April on Wednesday, has intensified still further this morning after the U.S. Labor Department released its closely anticipated employment report within the hour.

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Stocks Highlights

Dow 30 Earnings: Merck and Co. First Quarter 2016

Michael Ratty | 05/05/2016

Merck, (MRK) the New Jersey-based drugmaker and Dow-30 component, has reported first-quarter earnings of $0.40 a share, versus $0.33 in the comparable period of 2015. The year-over-year increase was driven by continued reductions in marketing, administrative, and research and development costs, which more than offset a low-single-digit pullback on the top line.

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