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

 

Majors Down for Wk, Great Britain Exits EU!
           for Week Ending 6/24/2016

 

Polls & pundits got it wrong as Great Britain voted to EXIT rather than stay in the European Union. US markets reacted negatively wiping out substantial gains for the week, ending down across the board. For the week the Dow was down 275 points, or -1.56%, the S&P lost 33 points or -1.64% and the Nasdaq dropped 92 points or -1.92%. The Fed meeting in late July is still expected to be a no increase vote. 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