Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, November 28, 2005

A Case of the Mondays

The Monday after a holiday is always a slow one, and today was no exception. Merck announced today that they would be cutting 7,000 jobs. This news caused their shares to fall 4%, aiding the market in somewhat of a landslide today. And although holiday sales are projected to be huge, retailers are seeing a slow start start, despite the huge sales on Friday. I've finally eaten all the turkey I can stand, now its on to Christmas and some shopping of my own! DJIA: -40.90 Nasdaq: -23.64 S&P 500: -10.79