Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, November 30, 2007

Calm Friday

Markets took off this morning, then settled back in by the end of the day. The Federal Government is stepping in to help subprime mortgage folks. They are planning to freeze rates for many, and this should calm down the financial sector and help Mr. and Mrs. Jones! Large-caps added to previous gains, still hoping for further rate decreases. NASDAQ dropped off a bit, though. DJIA +59.99 NASDAQ -7.17 S&P 500 +11.42