US equities (^GSPC, ^DJI, ^IXIC) have seen a bit of a bounce back from lows in April with the S&P 500 rising for its fourth day in a row. Earnings continue to roll in with 80% of the companies in the S&P 500 having already reported, showing signs of continued growth for the market. In addition, many eyes are on Disney (DIS) after it reported first-quarter earnings results which showed softer guidance than what was expected, causing shares to slide.

Yahoo Finance Reporter Alexandra Canal joins Market Domination Overtime to break down the top takeaways for the trading day on May 7.

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This post was written by Nicholas Jacobino