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 14, 2011
Tuesday
U.S. stocks rose sharply, aided by a strong industrial production report from China and a reading on U.S. retail sales that wasn't as bad as economists had expected. Home Depot led the blue-chip index higher, advancing 3.8%, while Caterpillar rose 2.5%, and Boeing gained 2.8%. Investor sentiment turned more cheerful after the Commerce Department said U.S. retail sales dropped only .2% last month, smaller than the .6% decline economists had expected. At the same time, a strong industrial production report from China suggests that the world's No. 2 economy is still robust, despite a tighter monetary policy aimed at curbing inflation. DJIA +123.14 Nasdaq +39.03 S&P 500 +16.04.