It’s been yet another rough week for stocks, which closed lower every day this week. Europe’s woes continued as Spain’s banks experienced a sort-of run (Jog? Brisk walk?), Greece decided on fresh elections (again), and lightning struck Hollande’s plane (giving away Angela Merkel’s weather-control abilities). Of course, one of the most highly anticipated IPOs in recent memory absorbed America’s financial attention today, but that’s not all that’s worthy of note this week – there’s also our weekend reads.
- Labor Dept. asked to probe possible early leak of April’s jobs numbers (Futures Magazine)
- Facebook and the “HFT Tractor Beam” at $38 (PreMarketInfo)
- Impressive series of aerial photos of Canada’s oil sands (Business Insider)
- CME prepares to kick off new 21-hour per day grain trading hours (Reuters)
- Yields on US 10-year notes just set a new all-time low (MarketWatch)
- Happy NATO day (Chicago Tribune)
And just for fun…
- First ancient giant snakes, now ancient giant turtles (Christian Science Monitor)
- Greece gives up statehood; becomes social network (Borowitz Report)