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
Tuesday, June 07, 2011
Tuesday
Stocks dropped for a fifth straight day as investors turned downbeat late in the session following comments from Federal Reserve Chairman Ben Bernanke. The Dow Jones Industrial Average closed down 19 points or .2%. The blue-chip index had risen earlier in the session as much as 89 points. The late-day reversal came after Mr. Bernanke said the U.S. economy should pick back up in the second half of 2011 despite recent signs of weakness. He also added the recovery, two years after the end of the recession, remains "uneven, and conditions-particularly in the labor market-remain troubled." DJIA -19.15 Nasdaq -1.00 S&P 500 -1.23.