Markets pulled back on this final trading day of the week. NASDAQ gave up more than 1%, but they had made significant gains prior to today. Techs and volatility go hand in hand. Oil slipped over $60 a barrel, but the news on the auto industry was good. GM's stock managed to post gains on a down day. As far as the U.S. auto industry is concerned, they seem to be beating the odds right now. Maybe, having Toyota on their heels is a good thing!
DJIA -56.80 NASDAQ -28.85 S&P 500 -10.25
Independent, Fee-Only Financial Advisor
Friday, February 09, 2007
Friday Dip
Markets pulled back on this final trading day of the week. NASDAQ gave up more than 1%, but they had made significant gains prior to today. Techs and volatility go hand in hand. Oil slipped over $60 a barrel, but the news on the auto industry was good. GM's stock managed to post gains on a down day. As far as the U.S. auto industry is concerned, they seem to be beating the odds right now. Maybe, having Toyota on their heels is a good thing!
DJIA -56.80 NASDAQ -28.85 S&P 500 -10.25
