Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, April 17, 2006

High-Priced Monday

Oil hit a high of over $70 per barrel, sending markets heading for cover. Gold added to its hefty price tag, as economists worry about the specter of inflation. The combination was just too much for the Street, as all indexes lost on the day. The damage was about 1/2% on the day... not a good start to the week. Dow -63.87 NASDAQ -14.95 S&P 500 -3.79