Mid Week Blahs

HP's news helped NASDAQ keep its head above water, with about a 1/4% gain. Large-caps dipped slightly, as comments from the Fed left investors with questions about the direction of interest rates. Oil bumped over $60 per barrel, causing concerns about possible inflation. This seems to be a plateau week, as stocks stick within narrow trading ranges. The only big business news involves YouTube. Google's recent purchase may leave them with buyer's remorse. While the site is still wildly popular, it's profitability prospects become more and more questionable. DJIA -48.23 NASDAQ +5.38 S&P 500 -2.05