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, May 23, 2011
Monday
U.S. stocks plummeted as investors' concerns over the financial health of European governments triggered a flight to safer assets. The Dow Jones Industrial Average dropped 1.1%, with all but one component, McDonald's, in the red. Technology and energy stocks led the Standard & Poor's to slump 1.2%. The technology-oriented Nasdaq lost 1.6%. In the absence of major U.S. earnings reports or economic data, investors focused on negative headlines from Europe, including a Standard & Poor's outlook cut on Italian debt and regional election losses for Spain's ruling Socialist party. DJIA -130.78 Nasdaq -44.42 S&P 500 -15.90.