Last week was an unusually eventful one for financial markets, with the long awaited release of the U.S. governement’s "stress tests" for the nation’s largest 19 banks, as well as the important April employment report released at the end of the week. Earlier in the week, markets digested:

*  Better than expected reports on April retial sales,

*  March construction,

*  The service sector economy in April,

*  Existing home sales in March,

*  Jobless claims in early May

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