Major political upheaval in France and Greece over the weekend failed to have much of an impact on the markets on Monday, as initial trepidation in the morning faded, and the major indexes finished near the unchanged mark. On Tuesday, the Dow lost ground for the fifth straight session on concerns over the fallout from the recent Greek elections. The slide continued on Wednesday, with Spanish stocks falling to to their lowest levels since 2003 as Eurozone unrest continues. On Thursday the Dow finally managed a gain after six consecutive losses, although the gain was quite modest, following a mildly encouraging US labor report. Stocks finished the week on Friday down once again after J.P. Morgan announced a $2 billion loss that temporarily roiled banking stocks.

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