Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, April 28, 2005

Thursday's Close

It seems to have been rainy and stormy around here 75% of the time these past few weeks. But, much to my surprise, the weather was absolutely beautiful today...if only I could say the same about the NASDAQ. The NASDAQ closed at 1,904.18, its lowest close this year. The DOW is down 128.43 points to 10,070.37, and the S&P 500 also finished down at 1,143.03. The slow down in economic growth and the disappointing GDP numbers contributed to the downturn of the market today. As April comes to a close and these numbers become "historical data", I keep in mind the old saying, April showers bring May flowers...