Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, October 23, 2007

Tech takes off

All 3 indexes ended up Tuesday but The Nasdaq led the way, gaining 1.65%. Apple shares rose 6.8% after it booked a 67% increase in quarterly net, helped by strong sales of its Macintosh computers. There was some disappointment in the tech sector Tuesday, as Texas Instruments shares fell 8.3%. Crude-oil prices fell 75 cents to $85.27 a barrel, but are still up 40% on the year. The California fires, which began Sunday, have burned at least 373,000 acres, or 583 square miles. DJIA +109.26 Nasdaq +45.33 S&P 500 +13.26