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

 

  Majors All Down for Wk, No Fed Rate Hike...
           for Week Ending 6/17/2016

 

Friday ended a rough week for the markets as the majors were all down for the week. For the week the Dow shed 190 points, or -1.06%, the S&P lost 24 points or -1.19% and the Nasdaq dropped 94 points or -1.92%.The Fed met Wed. & decided to not increase interest rates for now, plus lowered their projections for raising them in the future, citing weak economic data. 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