Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Friday, June 11, 2010

Friday

A late surge left major stock indexes with modest gains today. Luckily this week investors' fears about global growth eased a bit. Mixed signals about the U.S. consumer kept the market in check through most of Friday's session, but luckily all three major indexes were able to pull into positive territory by the closing bell. The Dow Jones Industrial Average ended up 2.8% for the week, the Nasdaq rose 1.1%, and the S&P 500 was up 2.5% for the week. Let's hope the climb will continue next week. DJIA +38.54 Nasdaq +24.89 S&P 500 +4.76.