These days, it's all about the economy, and for most people, the most important economic indicator is whether they have a job. In that context, today's employment report was disappointing, with only 115,000 new jobs created in April. Although upward revisions to February and March offset part of the shortfall, the weak job market once again raised the question of whether the Federal Reserve would take steps to further stimulate economic activity. Without assurances of more quantitative easing, the Dow Jones Industrials
Oil took a particularly strong hit, falling all the way down to the $100-per-barrel mark as fears of slower economic activity would presumably create less demand for energy products. Both ExxonMobil
Bank of America
Think about the big picture
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Fool contributor Dan Caplinger doesn't own shares of the companies mentioned. You can follow him on Twitter here. The Motley Fool owns shares of Bank of America. Motley Fool newsletter services have recommended buying shares of ExxonMobil and Chevron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool has a disclosure policy.