The disappointing durable-goods report this morning caused the markets to drop, but they rallied late and held on to finish up, despite being off the highs of the day. Some credit the turn around of the market today to the big drop in crude oil. The 2.59 drop (to 51.61 a barrel) is the talk from Wall Street to Washington.
DOW 10,199.31 - up 48.18
NASDAQ 1,930.43 - up 2.99
S&P 500 1,156.38 - up 4.65
Independent, Fee-Only Financial Advisor
Wednesday, April 27, 2005
Wednesday Wrap-Up
The talk on Wall Street...
The disappointing durable-goods report this morning caused the markets to drop, but they rallied late and held on to finish up, despite being off the highs of the day. Some credit the turn around of the market today to the big drop in crude oil. The 2.59 drop (to 51.61 a barrel) is the talk from Wall Street to Washington.
DOW 10,199.31 - up 48.18
NASDAQ 1,930.43 - up 2.99
S&P 500 1,156.38 - up 4.65
The disappointing durable-goods report this morning caused the markets to drop, but they rallied late and held on to finish up, despite being off the highs of the day. Some credit the turn around of the market today to the big drop in crude oil. The 2.59 drop (to 51.61 a barrel) is the talk from Wall Street to Washington.
DOW 10,199.31 - up 48.18
NASDAQ 1,930.43 - up 2.99
S&P 500 1,156.38 - up 4.65
