Jeffers Financial Advisory | 1635 Hawthorne Dr | Plainfield, IN 46168 | julie@jeffersco.net | (317) 837-7720

 

UP Week as Majors Rally, Dow Up 1,100+ - Only 75k May New Jobs, Unemployment 3.6%
for Week Ending 6/7/2019

 

The losing streak was snapped this week as the majors rallied 4+% with the Dow up 1,162 to close back near 26,000. For the week the Dow jumped 1,162 pts or 4.68%, the S&P rose 120 pts or 4.39%, while the NASDAQ added 290 pts or 3.90%. New May jobs came in below expectations at 75,000 while unemployment held at 3.6%. Yields on Treasuries fell as futures markets priced in rate cuts. Fed meets in 11 days to discuss. Have a good weekend! Julie

 

 



If you have comments or questions on the information in these articles,
as usual feel free to call our offices.  Julie Jeffers - Jeffers Financial Advisory.com

 

 

 

 

Julie Jeffers | Jeffers Financial Advisory | 1635 Hawthorne Dr | Plainfield, IN 46168
julie@jeffersco.net | (317) 837-7720 | www.jeffersfinancialadvisory.com