W. Edward Newton Jr., CFP (R) | 13850 Ballantyne Corporate Place, Suite 500 | Charlotte, NC 28277 | 704-552-8689

 

January Ends w/ Majors 2nd Plus Week of 2016...
         for Week Ending 1/29/2016

 

Stocks rallied Friday giving the major's another & 2nd positive week. For the week the Dow rose 372 pts or 2.32%, the S&P 500 was up 33 pts or 1.75%, and the NASDAQ added 22 pts or 0.50%. Oil prices closed at $33.62/barrel while GDP for Q4 2015 came in at 0.7% annualized compared to Q3 at 2% and Q2 at 3.9%. Japan also announced negative interest rates to stimulate their economy. Have a good weekend! Ed



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as usual feel free to call our offices.



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Regards, W. Edward Newton Jr., CFP (R)

Certified Financial Planner

 

 

 

 

W. Edward Newton Jr., CFP | Certified Financial Planner

13850 Ballantyne Corporate Place, Suite 500 Charlotte, North Carolina 28277 Phone: (704) 552-8689 | Email: ednewton@newtoninvestments.com