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

 

Global Rally Fri, 3rd Wk of Gains...
         for Week Ending 3/4/2016

 

Global markets rallied Friday & US majors logged a 3rd week of gains as the Dow broke 17,000 & the S&P closed a hair under 2,000. For the week the Dow added 366 pts or 2.20%, the S&P 500 rose 51 pts or 2.67%, and the NASDAQ gained 126 pts or 2.76%. With 242,000 jobs created in February another Fed rate hike at the March 16-17 meeting is again in play. Have a good weekend! Ed



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

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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