A Positive Sign

Well, it wasn't a stellar day, but markets were up. The Dow's positive performance was a bit anemic, but NASDAQ and the S&P had a fair showing for the day. (Speaking of the fair, the MS State Fair started this week and brought with it cooler weather!) After a week of falling, these numbers were a welcome sight. Oil prices fell, helping the feeling on Wall Street. Fed officials are still warning about inflation, though, and this could be the bugaboo, but I think it's too soon to tell the effects. As expected, jobless claims rose, but most came from Katrina. Previous months jobs reports were revised upward, another positive sign for the economy. It was nice to end the week on a good note! Dow +5.21 NASDAQ +6.27 S&P 500 +4.41