Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, May 31, 2011

Tuesday

Stocks finished the month of May on a cheerful note, shrugging off a spate of weak economic data as investors approved a new bailout plan for Greece. In spite of weaker readings on home prices, regional manufacturing and consumer confidence, all but one of the 30 Dow components and all 10 sectors of the S&P 500 were in positive territory. Tech and health-care stocks led the gains, with Pfizer adding 2.5%, Cisco Systems up 2.1% and Merck adding 1.5%. DJIA +128.21 Nasdaq +38.44 S&P 500 +14.10.