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

 

   3rd Down Week + Strong Sales Report...
           for Week Ending 5/13/2016

 

All majors were down again for the 3rd week as a strong US retail sales report failed to lessen investor worries. For the week the Dow fell 205 points, or -1.16%, the S&P lost 10 points, or -0.51% and the Nasdaq shed 18 points or -0.39%. For the NASDAQ is was a 4th straight weekly loss. Sales at U.S. retailers jumped 1.3% in April to mark the biggest gain in a year. Have a good weekend! 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