Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, March 19, 2010

Friday

Stocks closed modestly lower today, snapping an eight-day winning streak for the Dow Jones Industrial Average. Although the DJIA fell .4% today, it's still up 1.1% for the week and up 3.01% since the beginning of the year. Materials and energy were the weakest categories in a broad-based selloff as oil prices retreated near $80 a barrel. Uncertainty over possible financial aid for Greece also lingered, hurting the euro. The pound fell once again, while the yen continued to gain. DJIA -37.19 Nasdaq -16.87 S&P 500 -5.93.