Independent, Fee-Only Financial Advisor
Friday, February 25, 2011
U.S. stocks rose today, snapping three days of losses, but benchmark indexes still posted their biggest weekly drops of the year. Today's modest climb shaved off only a portion of the week's losses after anxiety over the unrest in the Middle East and North Africa sent oil prices to their highest levels in more than two years. Stocks got a mild lift from the Thomson/Reuters University of Michigan consumer-sentiment index, which rose to its highest level in three years. DJIA +61.95 Nasdaq +43.15 S&P 500 +13.78.