Market Re-Cap

Stocks closed lower today with lingering concerns over Europe. Major retailers revealed disappointing sales results for April. Roughly seven stocks fell for every three that gained on the NYSE where 3.9 billion shares changed hands.

DJIA 13,207 Down 62

Nasdaq 3,024 Down 36

S & P 500 1,392 Down 11

CBOE Volatility Index (VIX) 17.56 Up .68

Two Items of Interest:

Facebook IPO set for 5/18/2012 – Range $28 to $35 which may value company at $77 to $96 billion.

Labor Dept Non-Farm Payrolls report for April released tomorrow 7:30 CST

160K new jobs expected.