Global stimulus talk helps the blue chips to their fifth gain in six days. The market is led by materials and industrial stocks. Apple recovers from early losses. Michael Kors profit impresses. Boeing rises on an upgrade. Oil and gold move higher.
The sell-off comes as the government says the economy added 115,000 jobs in April, less than expected. The S&P 500 and Nasdaq suffer their worst weekly losses for 2012. Crude oil briefly falls below $98. Apple drops $16.
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Longtime market bull Jeremy Siegel says investors could realize the market is behind the curve on interest rates.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
If you think you're too smart to fall for cons and scams, you're setting yourself up to be a victim.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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