Thursday 31, May 2012 by Bob Doll

US markets rebound modestly, what next for Europe?

Following a three-week slide, stocks managed to stage a minor comeback last week, with the Dow Jones Industrial Average climbing 0.7% to 12,454, the S&P 500 Index gaining 1.7% to 1,317 and the Nasdaq Composite rising 2.1% to 2,837. For some broader perspective, stocks are now down approximately 7% from their April highs, but are still up 23% from their October 2011 lows.

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