Friday’s session closed out mixed. The Dow ended in green territory. The S&P 500 and Nasdaq shed some points. Hewlett-Packard and Boeing led the Dow’s slight ascent.
On October 26, 2011, President Obama announced a plan that seeks to help college graduates pay back their federal student loans. The plan is an executive order and does not require approval by Congress. It is scheduled to take effect beginning in 2012. Read more in this Financial Tip.