Happy Days Are Here Again!

Markets turned up today, as CPI numbers came in. Yes, consumer prices rose, but not as much as expected. The increase was only 1.2%, even with gasoline weighing it down. This news gave Wall Street a much-needed boost and indicated that inflation may not be running as high as thought. GE also weighed in with good news, increasing their profits by about 15%, despite hurricane damage to some of their businesses. Check it out at SmartMoney.com. The combination of these good reports sent stocks up about 3/4% across the board. What a great ending to the week! Dow +70.75 NASDAQ +17.61 S&P 500 +9.73