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

 

   Majors Down, Fed No Rate Increase!...
           for Week Ending 4/29/2016

 

The majors all closed lower this week in part with Apple losing 11% as investor Carl Icahn exited his position, noting the disappointing earnings & China uncertainty. For the week the Dow fell 230 points, or -1.28%, the S&P lost 26 points, or -1.26% and the Nasdaq shed 130 points or -2.67%. The Bank of Japan stayed put on more negative interest rates, currently at -0.1%. Have a good weekend! Ed

 



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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