Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, October 26, 2007

Countrywide jumps

All three major indexes gained 1% or more Friday, and the Nasday almost gained 2%. Countrywide shares skyrocketed, ending the day up 32%, and Microsoft gained 8.4% after the company reported a surprising 23% gain in quarterly profit. On a less positve note, Crude-oil futures settled at a record close, up $1.40, or 1.6%, to $91.86. I hope these gains will stick come Monday. Have a safe weekend. DJIA +134.78 Nasdaq +53.33 S&P 500 +20.88