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Stocks end rough week on a down note

Yahoo Finance
Yahoo Finance

Stocks end a rough week on a down note, as big tech earnings from Facebook and Amazon can't buoy the market. We break down the week that was on The Final Round with Jen Rogers, Rick Newman, S&P's Erin Gibbs, and Bloomberg Gadfly columnist Mike Regan.

Winners and losers

Stocks ending the week on a down note include drug maker Gilead on a revenue and profit miss, Valeant falling after issuing its delayed annual report, and MDC Partners getting hit after short-seller Daniel Yu at Gotham Research issued a report questioning the company's accounting practices. MDC says the accusations are misleading and false.

On the flip side, stocks bucking the tape on a down day include Expedia on a profit and revenue beat, Genworth Financial on a big earnings beat, and Tivo jumping as it agreed to be bought out by digital guide and technology provider Rovi.

Looking ahead

  • On Monday we'll get a big read on the manufacturing sector with ISM's manufacturing index for April. The Street's hoping to see a rise from the prior month's 51.8 reading.
  • On Tuesday, the automakers will report vehicle sales for April. Analysts will be looking to see if the industry can build off the prior month's 16.6 million annualized rate.
  • Finally on Friday, it's the big one: The non-farm payrolls report for April. Economists are looking for around 200,000 jobs created, a slight tick down from the March's 257,000 jobs.