Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, July 13, 2007

Steady does it

The major indexes struggled Friday morning, taking a break after yesterday's jump, but added onto Thursday's gains in the afternoon. GE reported a 9.6% increase in second-quarter net income, despite a loss in its subprime-mortgage business, which it has said it will exit. Crude oil prices rose another $1.43, moving up to $73.93 a barrel. I think I need to get a bike. DJIA +45.52 Nasdaq +5.27 S&P 500 +4.80