Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, April 24, 2008

Another Good Day

Markets continued in the right direction despite more sour news on housing. New houses are still hanging out there, and experts predict this will be the case for a while. The jobs report was decent, though. The good earnings reports from yesterday afternoon seemed to boost markets. The dollar is suddenly showing some strength, which is causing the price of gold to fall. The end result was a good day for investors, with large-caps gaining about .6% and NASDAQ adding nearly 1%. Microsoft reported after the close, and it was a mixed bag. It will be interesting to see the day after effect on this one. DJIA +85.73 NASDAQ +23.71 S&P 500 +8.89