Friday’s session ended with losses. Bank of America, JPMorgan Chase, Microsoft, and Cisco led the descent. Stocks retreated in the wake of less-than-stellar jobs data for April. The Labor Department said the economy added 115,000 jobs. The results were well shy of an expected addition of 170,000. Meanwhile, the unemployment rate slipped slightly to 8.1%. On another note, crude oil shed $4.00 to settle at $98.54 a barrel. Looking ahead to next week, Walt Disney is scheduled to release earnings details on Tuesday.
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