For May 5, 2015, here's how the stock market did today, earnings reports, the top stock market news, and stocks to watch based on today's market moves...
Dow: 17,928.20, -142.20, -0.79%
S&P 500: 2,089.46, -25.03, -1.18%
Nasdaq: 4,939.33, -77.60, -1.55%
The DJIA Index slumped 142 points on weak economic trade data that suggests the U.S. economy contracted in the first quarter. Although GDP registered at 0.2% growth during the first reading last week, a surge in imports to levels not seen since October 2008 hints that future revisions might trend downward.
The S&P 500 Volatility Index (VIX), the market's fear gauge, jumped 11.6% on the day.