Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, December 26, 2007

The day after Christmas

All 3 indexes finished slightly in the positive Wednesday, and as expected, trading was quite light. The nasdaq made the largest gain, led by a 2% increase in Amazon. Major retailers declined in trading, including Target, down 2.5%, and Wal-Mart Stores, off 0.7%, and J.C. Penney, down 3.1%. Crude-oil futures rallied, rising $1.83 to $95.96 a barrel. DJIA +2.36 Nasdaq +10.91 S&P 500 +1.21