Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, December 14, 2009

Monday

Today, in Mississippi, it is a dreary day! However, the stocks weren't weighed down by the humidity like we were! Stocks rose today, boosted by recent efforts to ease Dubai's debt woes. The dollar slipped and commodities rose, restoring a trend that had recently faded. The state-owned conglomerate in Dubai said in late November it wanted to postpone debt payments, a reminder to investors of credit risks. Those fears have faded somewhat but have helped keep a lid on the market's recent gains. DJIA +29.55 S&P 500 +7.70 NASDAQ +21.79