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
Monday, December 03, 2007
Small loss
Stocks took a small drop Monday, weighed down by the financial and auto sectors. A financial selloff began around midday, fueled by Treasury Secretary Henry Paulson saying the Treasury Department is "aggressively pursuing a comprehensive plan" to stem foreclosures. General Motors Corp. posted an 11% drop in U.S. November sales and also triggered investors to sell. Crude-oil futures gained 60 cents to settle at $89.31 a barrel. Gold futures stopped a four-day losing streak and gained $6.1 to $788.30 an ounce.
DJIA -57.15 Nasdaq -23.83 S&P 500 -8.72