Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, February 28, 2007

A Little Breather

China settled down during the night, picking up half of what it lost the day before. Other markets weren't quite as lucky, though. As for the U.S. market, we gained back about 1/3 to 1/2%. While Wall Street relaxed a little, a revision of the GDP kept traders wary. Bernanke spoke to Congress and tried to paint a brighter picture, but I guess Mr. Greenspan's words still carry more weight. At least, we're over the hump. Let's hope the rest of the week brings better news. DJIA +52.39 NASDAQ +8.27 S&P 500 +7.78