Wall Streets SP 500 targets are still predicting a big rally even after a flurry of cuts MarketWatch

Scarce layoffs keep unemployment filings low

Investors are watching oil prices fall and reports that Iran gave advanced warning of missiles it aimed at the largest U.S. base in the Middle East

Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington b……