The Lord Giveth...

Yesterday was a good day on Wall Street, but it was "give back" time today. The Philadelphia Federal Reserve Bank reported a decline in business activity. The rate of the decline was enough to send stocks for cover. All indexes dropped. The exuberance of the early part of the week disappeared with this report. While earlier gains were lessened, they were not wiped out, though. Dow -79.96 NASDAQ -15.14 S&P 500 -7.15