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Market Update, August 24, 2007

by Flexo on August 24, 2007

in Uncategorized

They say this week was a good one for the market. Dow up to 13,379, S&P 500 up to 1,479, Nasdaq up to 1,479. If you sold your S&P index fund at the end of last week when you were nervous, you would have missed an annualized increase of 119.6%. [MSN]

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Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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1 Kevin August 25, 2007 at 5:55 pm

Yep, a good week for the market, but this move by the Fed scares the living daylights out of me. It makes me think the worst is yet to come.

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