Quick Overview

• (Reuters) - U.S. nonfarm payrolls grew at the fastest pace in four years in April as private sector employers ramped up hiring, raising the strong possibility that the labor market recovery may be picking up steam.
  

• UK general elections fail to produce a clear mandate
  

• Spain’s economy crept out of recession in the first quarter of 2010 after nearly two years of decline, according to a preliminary estimate by the Bank of Spain GDP rose 0.1% in Q1.
  

• China faces first drop in wheat harvest since 2003. Frost and drought have taken their toll on the world's top wheat producer, Rabobank says in a report noting better prospects for corn