Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, March 22, 2011

Tuesday

Stocks fell slightly today, ending a three-day rally as investors showed signs of looking past recent concerns over Japan's earthquake and unrest in the Middle East. Oil prices were also a concern for some investors as crude oil futures rose to $104 a barrel. The Dow's decline was led by General Electric and Bank of America, which were both off 1.2%. Meanwhile Verizon continued to benefit from the prospect of consolidation in the telecommunications industry brought on by a deal between AT&T and Deutsche Telekom. DJIA -17.90 Nasdaq -8.22 S&P 500 -4.61.