Stocks end rough week on a down note
Stocks end a rough week on a down note, as big tech earnings from Facebook and Amazon can't buoy the market. We break down the week that was on The Final Round with Jen Rogers, Rick Newman, S&P's Erin Gibbs, and Bloomberg Gadfly columnist Mike Regan.
Winners and losers
Stocks ending the week on a down note include drug maker Gilead on a revenue and profit miss, Valeant falling after issuing its delayed annual report, and MDC Partners getting hit after short-seller Daniel Yu at Gotham Research issued a report questioning the company's accounting practices. MDC says the accusations are misleading and false.
On the flip side, stocks bucking the tape on a down day include Expedia on a profit and revenue beat, Genworth Financial on a big earnings beat, and Tivo jumping as it agreed to be bought out by digital guide and technology provider Rovi.
Looking ahead
On Monday we'll get a big read on the manufacturing sector with ISM's manufacturing index for April. The Street's hoping to see a rise from the prior month's 51.8 reading.
On Tuesday, the automakers will report vehicle sales for April. Analysts will be looking to see if the industry can build off the prior month's 16.6 million annualized rate.
Finally on Friday, it's the big one: The non-farm payrolls report for April. Economists are looking for around 200,000 jobs created, a slight tick down from the March's 257,000 jobs.