After Hours Trading Report for April 5

Wall StreetNo Easter eggs today. The market was a mixed bag as investors seemed to be looking forward to three days off. The Jobs report showed continued growth, though it is being tempered by the upward revisions the week prior to account for the drops. All indications point toward a solid NFP number tomorrow.

Europe is where the problems lay. Most analysts see a lot of turmoil coming down the pipeline again with Spain and ITaly taking center-stage. Spain’s bond yields continued to climb today after their poorly received bond auction yesterday. What type of spillover effect Europe could have in a worst case scenario is unknown at this point as the EU, ECB and IMF will have to huddle up again to figure out another band aid.

The Dow finished the day down 15. The Nasdaq added 12, while the S&P was essentially flat, down a point. [Read more...]

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