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

 

Down Week, Fed Cuts Rates 1/4 Pt & No Recession Forecast, More China Trade Talks, Jobless Claims 208k
for Week Ending 9/20/2019

 

Markets fell slightly as the Fed cut interest rates 0.25% this week and did not forecast a coming recession. For the week the Dow lost 284 pts or -1.05%, the S&P fell 15 pts or -0.51%, while the NASDAQ slid 59 pts or -0.72%. Initial jobless claims for the week ending 9/12 rose slightly to 208,000 vs a 213k forecast. China trade talks resumed but were cut short. Today was 'quadruple witching day' & the S&P 500 was rebalanced. 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