Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, April 05, 2011

Tuesday

Major indexes closed nearly flat today in a light-volume trading session. Minutes of the most recent meeting of the Federal Open Market Committee on March 15 showed that U.S. central bankers largely stood pat on the outlook for the economy and interest rates. Apple fell .7% after Nasdaq OMX Group, the New York exchange operator, said it would rebalance its Nasdaq-100 stock-market index, effective at the start of trade on May 2. The rebalancing will reduce the technology company's weighting in the index. DJIA -6.13 Nasdaq +2.00 S&P 500 -.24.