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

 

  2nd Down Wk for Majors, Yellen Concerned
           for Week Ending 10/14/2016

 

The majors fell for a 2nd week as Janet Yellen expressed concern about the economy & it's strength. For the week the DOW lost 102 points or -0.56%, the S&P slid 20 points or -0.96% and the NASDAQ dropped 81 points or -1.53%. US jobless claims stay at 43-year low w/ 4-week average below 250,000 - its lowest since 1973. 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: ed@newtonwealthmanagement.com