Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, June 20, 2006

A Fair to Middling Day

Most of the trading day, markets were up considerably. Much of the gains were eroded after 2 pm. Housing starts jumped, indicating the real estate market is still healthy. This news alone, though, was not enough to keep things bolstered. The NASDAQ and the broader S&P 500 ended slightly down, not enough to even note. The Dow managed a decent gain of over 32 points. It's quiet in the office today, and this seems to be the same on Wall Street. Dow +32.73 NASDAQ -3.36 S&P 500 -0.02