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
Wednesday, May 04, 2011
Wednesday
Stocks retreated under pressure from disappointing economic data, weaker commodity prices and lackluster earnings reports. As far as economic data goes, the Institute for Supply Management's index of nonmanufacturing activity for April came in below expectations. Automatic Data Processing reported that private-sector jobs in the U.S. rose 179,000 in April, missing economists' forecast. The government will release its monthly employment report on Friday. Several companies reported disappointing earnings, which also weighed on shares. DJIA -83.93 Nasdaq -13.39 S&P 500 -9.30.