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
Thursday, May 20, 2010
Thursday
Worries about Europe's debt crisis sent stocks plunging, leaving major indexes with their first correction since the start of the bull market in March 2009. The declines accelerated late in the session, leaving both the Dow Jones Industrial Average and the S&P 500 off more than 10% from their recent highs. The Nasdaq Composite Index, which first moved into correction territory on May 7, has moved back and forth above the 10%-down threshold since. After its 4.1% drop today, it is now back below the mark. DJIA -376.36 Nasdaq -94.36 S&P 500 -43.46.