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Tag Archives: foreign markets

October 27, 2006

Break time! Stock prices seemed unstoppable this week—until Friday morning, when a surprisingly weak GDP report for the third quarter prompted the bulls to pull in their horns. We encourage you to take advantage of the dip by putting your spare cash to work.

The Late Show

Seasonal headwinds are picking up on Wall Street. We got a snappy bounce in the stock market Tuesday as traders came back in high spirits from Independence Day. (Anytime terrorists don’t strike on a national holiday, investors seem relieved.) But today, with oil prices vaulting to a new record, the market backtracked, shedding most of Tuesday’s gains.