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
Tuesday, April 06, 2010
Tuesday
The Dow Jones Industrial Average floundered in its latest attempt to reach 11,000 as a burst of afternoon buying spurred by comforting words from the Federal Reserve ran out. Other indexes managed slim gains, tempered by renewed worries about Greece's finances and anxiety preceding the upcoming earnings season. The market traded in a narrow range, enjoying its strongest run following the release at 2 p.m. Eastern of the minutes of Federal Reserve's March policy meeting. Officials were a bit more confident about the U.S. economy's recovery at their latest meeting, but they remained reluctant to raise short-term interest rates too soon. The U.S. Dollar Index gained .3%, though the dollar slipped against the yen. DJIA -3.56 Nasdaq +7.28 S&P 500 +2.00.