Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, June 19, 2007

Rough weather, calm market

The market simply yawned today. Each major index grew, but there were no significant changes. The weather was quite the opposite, as severe thunderstorms were issued all around the Jackson area. In national news, Home Depot Inc. sold its wholesale construction supply business for $10.3 billion. Bain Capital LLC, Carlyle Group L.P. and Clayton, Dubilier & Rice Inc. will each receive a one-third stake in the business. DJIA +22.44 Nasdaq +.16 S&P 500 +2.65