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
Monday, October 18, 2010
Monday
Stocks closed higher today as investors were encouraged by earnings from Citigroup and a measure of home-builder confidence that topped expectations. The Dow rose .73% to its highest close since May 3. Citigroup jumped 5.6% today after its third-quarter earnings topped analysts' estimates. Revenue climbed 2%, meeting expectations, as the company managed to grow its core businesses broadly. Also lifting sentiment, the National Association of Home Builders said its housing-market index rose three points to 16 in October, the first improvement in five months. DJIA +80.91 Nasdaq +11.89 S&P 500 +8.52.