Nancy Lottridge Anderson, Ph.D., CFA, and her staff offer expert advice and personal service. We offer our services on an hourly or retainer basis for our clients. Our services include account management, stock and economic research, retirement planning, and 401k slate analysis. We manage investment accounts of any size and tailor the portfolio to meet your specific needs. For clients of ours, we are available to help with any financial situation you face.
Independent, Fee-Only Financial Advisor
Thursday, December 13, 2007
Late rally
Stocks spent most of the day in the negative Thursday, but made a late push to end right around even. The moves were due to an unexpectedly strong retail-sales report that coincided with the biggest jump in wholesale prices in more than 34 years. Fannie Mae surged 8.2% in afternoon trading to 34.76, while its cousion, Freddie Mac, gained 7.6% to 32.46. Dow component Honeywell International Inc. was the strongest performer of the blue-chip index, after the company increased its earnings guidance for 2008 and reconfirmed its earlier guidance for 2007. Shares rose 5.3%.
DJIA +44.06 Nasdaq -2.65 S&P 500 +1.82