Rise in unemployment shakes markets
This week, Wall Street will be looking for any news that provides an indication of a rebound in the economy. Last Friday, the Labor Department said that unemployment reached 4.9 percent. The figure was worse than many on Wall Street were expecting; unemployment is now at its highest level in nearly four years. Major markets took the news badly, as the Dow Jones Industrial Average, Nasdaq and S&P 500 all closed in the red.

