Stock Market News for May 07, 2015 – May 7, 2015 – Zacks.com
Markets ended in the red for the second consecutive day following Fed Chair Janet Yellen’s comments that stock valuations are “quite high”. Yellen warned investors of potential dangers they may face due to high equity valuations. Meanwhile, weak private sector hiring numbers added to the bearish sentiment. The soft numbers came in ahead of the much awaited non-farm payrolls report […]