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

 

Majors UP for Wk, Brexit Losses ERASED!
           for Week Ending 7/8/2016

 

Two weeks since the BREXIT market drop, all majors are UP, erasing the losses and adding more as the June jobs report showed a 287,000 increase & a 4.9% unemployment rate, up from 4.7%. All majors had a good week as the DOW was up 197 points, or 1.10%, the S&P added 26 points or 1.28% and the Nasdaq added 94 points or 1.94%. The Dow is about 150 points from its all time record high. The Fed is expected to want more data before another rate hike. Have a good holiday 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