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

 

 Majors UP + Fed Hints @ Rate Hike 'Soon'...
           for Week Ending 5/27/2016

 

Strong week for Wall St as all the majors jumped while GDP was revised up for the 1st Qtr from 0.5% to 0.8%. For the week the Dow jumped 372 points, or 2.13% the S&P rose 46 points or 2.28% and the Nasdaq added 163 points or 3.34%. The Fed still hinting a rate hike would be 'appropriate' in coming months. 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