Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, October 04, 2007

Stocks sit steady

Stocks moved very little Thursday, as investors seem to be waiting for some more clues about the health of the economy. "Everyone is going to key off the employment report tomorrow," said Stephen Carl, head trader at Williams Capital, so we will see some more movement. Crude-oil prices rose $1.50 to $81.44 a barrel, a day after the Department of Energy reported an unexpected increase in crude oil inventories and a decline in supplies of gasoline and distillates. DJIA +6.26 Nasdaq +4.14 S&P 500 +3.25