Market wrap - 4:10PM

Slow and uneventful day in the market. Volume was light, but the market shook off the bad jobless claims numbers which had the futures lower and rallied anyway. Led by guess who? Dow 8,331.32 +46.43 (0.56%) S&P 500 892.94 +9.02 (1.02%) Nasdaq 1,689.21 +25.02 (1.50%) Leaders by sector: The financials! Imagine that. The many insolvent financials. Today's heatmap: Earnings reports after close today:

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CNBC Cheerleading grade for the day - A- They downplayed the job numbers as trailing indicators and really didn't talk about them much. Larry Kudlow was his usual self, blowing and steaming and talking over anyone and everyone that didn't agree with him. He was especially rude to the guy from Peter Shiff's firm who claimed the DOW will eventually hit 1000. I was ready to mute the blowhard but forced myself to finish the most horrible hour on Wall Street. Note to Kudlow - Reagan isn't President and you don't work for him anymore.

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Earnings reports before market opens tomorrow May 15th: