Weekly summary and a look ahead

The financial issues in Europe and the investigation into the stock market breakdown last Thursday will probably be top stories again this week. The key economic report will be April retail sales to be released on Friday. Sometime this week the April National Federation of Independent Business (NFIB) small business survey will probably be released, and also the April rail traffic report from the Association of American Railroads (AAR) and LA port traffic for April. On Tuesday the Job Openings and Labor Turnover Survey (JOLTS) for March will be released at 10 AM by the BLS.