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

 

Majors DOWN For Wk w/ Rate Hike Fears
           for Week Ending 9/09/2016

 

Friday's sell-off made sure the majors were all DOWN this week as investors reacted to a possible Fed rate hike in December. All the majors were in the red as the DOW dropped 406 points, or -2.20%, the S&P lost 52 points or -2.39% and the Nasdaq slid 123 points or -2.36%. Benchmark U.S. crude fell $1.74, or 3.7 percent, to close at $45.88 a barrel. 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: ed@newtonwealthmanagement.com