Stocks Fall Back; Dow Off 16

Investors keep an eye on upcoming jobs, stress test reports
By Nick McMaster,  Newser Staff
Posted May 5, 2009 3:19 PM CDT
Traders work on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo)
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(Newser) – Yesterday’s rally failed to carry stocks today, with traders nervously anticipating weekly and monthly employment reports as well as the bank stress-test results later this week, the Wall Street Journal reports. Bank of America rose 5.4%, while Wells Fargo dropped 3.3%. The Dow fell 16.09 to close at 8,410.65. The Nasdaq lost 9.44, settling at 1,754.12, and the S&P 500 dropped 3.44 to close at 903.80.