The stock market rally faltered last week as signs of economic weakness shook the resolve of the bulls.
The Dow Jones Industrial Average dropped 33 points of 0.2% to 17,740.63 while the S&P 500 fell 8 points or 0.4%. 2057.14. The Nasdaq Composite Index lost 0.8% to 4736.16.
More telling, after a disappointing 160,000 new jobs were added to the economy in April, the yield on the benchmark 10-year Treasury closed the week back down to 1.78%.
The U.S. economy has produced new jobs at a 192,000 per-month clip in 2016, down from 2015's average of 229,000.