Quarter High Despite Ford

Ford announced today that it is planning on closing even more factories and cutting salaried jobs and benefits. Its US production will be decreased by 21%. Despite this news and more news of inflation, the market was up today - for the 5th day in a row. That's five whole days with a gain, a feat not seen yet this quarter (whew!). Speaking of records, the Nasdaq hit its highest weekly point performance since May of 2002!! That's the kind of note I love to end my week with! Happy weekend! DJIA: +46.51 Nasdaq: +6.34 S&P 500: +4.82