Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, October 09, 2007

A Record Day

Wall Street responded positively to the release of the Fed minutes. The Fed is not concerned about inflation and felt comfortable with the rate decrease. We're on the cusp of earnings season, as well. Alcoa will release numbers today. Company earnings will give us a clue about the remainder of the year. For now, all indexes added nicely. The Dow is in record territory. DJIA +120.80 NASDAQ +16.54 S&P 500 +12.57