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, November 22, 2010
Monday
Blue-chip stocks declined today, led by financials, as the market cringed over new details of widespread insider-trading investigations and Ireland's debt woes. Although the Dow closed in the red, it managed to regain most of its 100-point loss from earlier in the trading session. Leading the Dow's declines were Bank of America, down 3.1%, and J.P. Morgan Chase, which slid 2.3%. The market's early tumble came after Ireland over the weekend agreed to accept a bailout. Adding fuel to the fire, fresh worries over the financial sector arose when the Wall Street Journal reported that FBI agents raided the offices of three hedge funds amid a far-reaching insider-trading investigation. DJIA -24.97 Nasdaq +13.90 S&P 500 -1.89.