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

 

Feb. Starts w/ Majors Down, Techs Hit Hard...
         for Week Ending 2/5/2016

 

Despite a falling unemployment rate, a weak jobs report & slumping global markets held the majors down as February began. For the week the Dow lost 261 pts or -1.59%, the S&P 500 fell 60 pts or -3.10%, and the NASDAQ shed 250 pts or -5.44% hitting a 15-mth low. While unemployment rate fell lower to an eight-year low of 4.9% we'll see if the Fed boosts interest rates in March. Have a good weekend & Go Panthers! Ed



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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