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Equities Sector Coverage: Stocks Break Lower on Increased Fear and Disappointment

Initial Jobless Claims came in at 370,000 still above the 350,000 recessionary threshold. The Philly Fed Index came in well below estimates at -5.8 in May when a +7.0 reading was expected. Leading
Investor’s first read      - Brooksie’s edge before the openMonday, May 7, 2012        9:15 a.m. ETDJIA: 13038.27S&P 500:   1369.10Nasdaq Comp.: 2956.34Russell 2000: