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
Thursday, May 05, 2011
Thursday
The energy sector led stocks lower as crude-oil prices tumbled and jobs data disappointed. Crude settled below $100 a barrel, off 8.6% for the day. This weighed on the Dow Jones Industrial Average's energy components, with Exxon Mobil shedding 2.6% and Chevron losing 2%. The tumble in crude came as investors rushed to the safety of the dollar after data showed new claims for jobless benefits unexpectedly surged last week to the highest level since August. DJIA -139.41 Nasdaq -13.51 S&P 500 -12.22.