Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, October 08, 2007

Columbus Day

Bond markets were closed and trading was light Monday, due to the Columbus Day holiday. The Nasdaq was the only index to finish in the positive, making a 0.25% gain. Google closed above $600 for the first time ever, gaining 2.6% to end at $601.60. Crude-oil futures took a much need drop today, falling $2.20 to $79.02, but are still up 29% on the year. The minutes from the Sept. 18 Federal Open Markets Committee meeting will be release Tuesday, which should be interesting to see. DJIA -22.28 Nasdaq +7.05 S&P 500 -5.01