Stocks (^DJI, ^GSPC, ^IXIC) fluctuating into the close as the House finally passes its health care bill, and oil is dropping to 5-month lows. Catch The Final Round at 4 p.m. with Justine Underhill and Yahoo Finance markets correspondent Myles Udland.
Winners and losers
Stocks getting hit today include Limited Brands as the Victoria’s Secret parent reported April sales fell 5%, National Beverage as Maxim Group initiated coverage with a “sell rating,” and Tesla — shares dropping here despite the automaker delivering a record number of vehicles, that’s as Tesla’s loss was much wider than expected.
Stocks getting a boost today include Anheuser-Busch InBev as profit surged following its recent integration with rival beer maker SAB Miller, Church & Dwight as the consumer products maker’s full-year earnings forecast topped estimates, and Fitbit — shares of the beaten down wearables company getting a reprieve today as revenue beat the street and it reported a drop in costs.
Dunkin CEO on earnings
- It’s the big one — the April jobs report. Could we see a major rebound in jobs following March’s disappointing numbers? Economists sure hope so; they’re expecting 185,000 payrolls.
- And if you didn’t get your full dose of Fed speak this week, you’re in luck. Tomorrow we’ll hear from Stanley Fischer, John Williams, Charles Evans, Eric Rosengren and the big chief herself, Janet Yellen.
- And get your margaritas and guacamole ready…. it’s Cinco de Mayo. Marking the anniversary of the Battle of Puebla, it’s a relatively *minor* holiday in Mexico, *but* in the US, Cinco de Mayo has evolved into a celebration of Mexican culture and heritage.