Daily Wrap: May 1, 2013 - Presented by: The Aol. On Network

The latest announcement from the Federal Reserve did little to move the markets today which remained lower after the Fed pledged to continue asset purchases to help stimulate the economy. In other economic news, the ADP employment report out this morning showed 119,000 jobs were added in the private sector in April, falling well short of expectations for a reading of 150,000.

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