Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, May 25, 2010

A Turnaround!

The morning started rough. Overnight, foreign markets gave up around 3%. Stock futures spelled trouble before the opening bell. True to form, US markets dipped into the 2-3% range, with the Dow dropping below the magic 10,000 mark. By the afternoon, though, the red numbers got smaller. When all was said and done, the S&P 500 actually headed into the green. What a strange day! Now to see how foreign markets respond. DJIA -22.82 S&P 500 +0.38 NASDAQ -2.60