Nancy Lottridge Anderson, Ph.D., CFA, and her staff offer expert advice and personal service. We offer our services on an hourly or retainer basis for our clients. Our services include account management, stock and economic research, retirement planning, and 401k slate analysis. We manage investment accounts of any size and tailor the portfolio to meet your specific needs. For clients of ours, we are available to help with any financial situation you face.
Independent, Fee-Only Financial Advisor
Thursday, August 02, 2007
Late surge
Earnings played a big part in Thursday's gain, which seemed to mirror Wednesday's late surge. In particular, the tech-heavy Nasdaq, which has been hit harder than the other major indexes in recent days, got a boost from Nokia. The cellphone maker's shares rose 8.8% after it said its second-quarter net profit more than doubled. Traders are anticipating Friday's release of nonfarm-payrolls data, a closely watched gauge of economic health, particularly amid the weakness in the housing market. If negative, it could serve as fuel to an unwanted fire.
DJIA +100.96 Nasdaq +22.82 S&P 500 +6.39