Fed Chair Janet Yellen tells Wall Street what it wants to hear, but could next week's Fed meeting set investors up for a surprise? Catch The Final Round with editor-in-chief Andy Serwer and markets correspondent Nicole Sinclair.
Winners and losers
Stocks starting the week on a down note include drugmaker Abbvie on a Cowen downgrade citing underwhelming data presented at cancer conference ASCO; Harley Davidson shares stuck in reverse following a Goldman downgrade; and Adamis Pharmaceuticals tumbling after the FDA questioned the company's new drug application for treating severe allergic reactions.
Stocks in the green today include Devon Energy on the sale of $1 billion in non-core, upstream assets; Whole Foods on a positive Barron's mention over the weekend; and Juno Therapeutics, jumping after it announced promising clinical data for one of its leukemia treatments. Juno is also presenting at the ASCO conference this week.
Jobs conundrum
Friday's jobs report left many economists scratching their heads. But is it possible that the weak payroll number could be pointing toward good news? Yahoo Finance's Justine Underhill has more at the charts.
Trump and the golf business
Donald Trump likes to talk up his golf game, but now the game is giving him fits. The PGA just stripped the WGC championship from his Trump National Doral golf course and is now staging the tournament in Mexico. This is Sportsbook, and here to discuss the fallout and what a Trump presidency would mean for the Donald's golf business is Yahoo Finance's Dan Roberts.
Looking ahead
In the morning, we'll get non-farm productivity and costs for the first quarter. Economists are expecting a 0.6% drop in productivity quarter over quarter.
Later in the day we'll get consumer credit figures for April. The Street is expecting the gauge to climb $18 billion based on strong consumer spending in the month.
Finally, the race for 2016 hits a new milestone as nominating season comes to end, with states California and New Jersey holding Democratic and GOP primaries. Hillary Clinton is only 71 delegates short of clinching the Democratic nomination, which she is expected to obtain.
