May 30 - The Facebook fallout continues for Morgan Stanley, retail could rally after a miserable April and alarm bells are ringing in the jobs market.
That they spoke fallout continues from Morgan Stanley retail could rally after a miserable April and alarm bells are ringing in the jobs market. Morgan Stanley shares could come under fire Thursday morning this after reports that travel deals site kayak has postponed its launch. In the wake of the FaceBook IPO debacle. Morgan Stanley CEO James Gorman has been defending the bank's handling of the FaceBook vote. Saying there were no nefarious practices according to the Wall Street Journal Morgan Stanley shares ended the -- down 4%. Retail looks set to -- back to life after its Easter hangover wins same stores sales are released. Also to grow by almost 4% at bay after disappointing results last month. -- writers for Intel analysts around artist says things are slowly getting back on their feet. Favorable weather lower gasoline prices and mother's face sales just shoppers to them off. Macy's and Brad already beat same store sales estimates and according to -- my friends is very likely to be earnings estimates oppose the positive surprise. Drop well please since the opening act the jobs report went ADP comes out at 8:15 AM. 148000. Private jobs are expected to have been created in May according to Reuters poll. And nonfarm payrolls have shown some connection in the past. -- economics editor stomach Dawson says there have been warning signs in the runup to the numbers. Consumers reported that jobs -- -- just a little bit harder to get Monday. And help wanted online index also has sold 45000. Fewer jobs advertised. In the factory sector an early -- showed that employers by just a tad more reluctant to hire. So altogether this could bode -- for the employment report on Friday. One point eight that's been on earth for all you data heads no it is not -- stock price is by how much the US economy is set to grow in the first quarter when revised GDP is released at 8:30 AM that is down from the initial read though. I have -- says to blaming weaker retail sales a wider trade deficit. Also watch out for initial jobless claims and Chicago PMI in the morning. Case -- too little too much to just right it's not goldilocks that the battle the threat over stimulus. We'll get an update from Cleveland fed president -- can also at 8 AM when she talks monetary policy. The inflation -- recently said it will take years for the US jobs market to recover. Had an image that might make headlines Thursday the return of space -- is dragon capsule to -- It's attaching from the International Space Station and splashing down on the Pacific Ocean just before 11:45 AM. But privately own craft is the first of its kind docked with the orbital station. Is being considered by NASA that fill the hole left by the retirement. Of the space -- that's your US stay ahead follow us on Twitter at Reuters Insider. I'm Rhonda schaffler this is writers.