Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, January 05, 2006

Three in a Row!

Markets continued in the green, with all three indices posting gains on the day. The Dow, although positive, only gained 2 points. Automakers continue to leave a mark on this index. Technology continues to soar, gaining more than 1/2% for the day. The S&P 500 was also, basically, flat. 2006 seems to be starting on the right foot. Jobless claims are down. Retailers reported mixed news on the holiday season. Wal Mart disappointed, but Nordstrom exceeded expectations. Could consumers be so confident that they are giving up discounters and heading upscale? Dow +2.00 NASDAQ +13.41 S&P 500 +0.02