Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, July 27, 2010

Tuesday

Stocks were a mixed bag today as a weak consumer-confidence reading offset the latest round of strong corporate earnings. Stocks traded in a narrow range throughout the day, with the Dow posting a small gain by the closing bell, while the Nasdaq & S&P 500 ended in the red. Companies' earnings and revenues have beaten expectations enough to return these major indexes to the black for the year, but many investors are hesitant to push stocks higher as economic data continues to disappoint. Hopefully the good news will continue to outweigh the bad. Only time will tell.. DJIA +12.26 Nasdaq -8.18 S&P 500 -1.17.