Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, March 31, 2010

Wednesday

Well, it's a beautiful day today and the end of the first quarter of 2010! Unfortunately, stocks ended the quarter with a bit of a thud as oil's rally to a 17-month high weighed on the rest of the market, especially consumer companies. Although the Dow Jones Industrial Average, Nasdaq, and S&P 500 all ended lower for the day, they all gained at least 4% for the quarter with the Nasdaq actually growing 5.7%. In other markets, the euro, pound and yen strengthened today against the dollar. DJIA -50.79 Nasdaq -12.73 S&P 500 -3.84.