Markets Hit Again by Jobs Report (WMT, MSFT)

For the third straight day, markets have reacted poorly to terrible economic reports, closing out a rather unpleasant week for Wall Street. The anticipated poor jobs report met it’s low expectations, as the economy added less jobs than the month before. In corporate news, Walmart (WMT) announced a share repurchase program that did not impress investors, and Microsoft (MSFT) is drawing a large amount of skepticism regarding the Windows 8 gamble.

Word on the Street

• Stocks close the week with losses amidst negative economic reports.
• US job growth decreases as non-farm payrolls increase by only 54k.
• European Union and International Monetary Fund set to pay Greece next bailout fund installment.
• Walmart (WMT) announces share buyback plan but doesn’t impress investors.
• Windows 8 preview has drawn Microsoft (MSFT) criticism across the web.
• Japan natural disasters have cast a dark shadow over Toyota’s (TM) short term operations.

Interesting Tidbits

• Balance your schedule to maintain your mental well-being.
• Take leadership lessons from this well respected NBA coach.

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