The Morning After

It's the morning after the State of the Union. As I read over the full text, I didn't see any major changes on the financial front. I waited for news about health savings accounts, and the President was vague. He mentioned something about portability of insurance plans. Most of his speech centered on Iraq and other foreign affairs. There were a few remarks about continuing current tax breaks, but nothing new. I guess that means business as usual. The markets responded well. Of course, it helped that carmakers reported good news on the sales front. The Dow gained about 3/4%, but NASDAQ is just sputtering due to the effects of Google's disappointing news. Dow +89.09 NASDAQ +4.74 S&P 500 +2.38