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

 

Rally Continues: DOW Up 7th Week, S&P 500 + NASDAQ Rise
           for Period Ending 12/23/2016

 

Since the election the Dow has risen 7 straight weeks, up over 2,045 pts or 11+%, while the S&P is up 178 pts or 8+% & the Nasdaq is up 416 pts or 8+%. This week the DOW added 90 points or 0.46%, while the S&P added 5 points or 0.25% and the NASDAQ rose 25 points or 0.47%. 2016 is on track to the best year in a decade for housing as home SALES are the highest since 2007 & housing STARTS are on fastest pace since 2008, per Freddie Mac. Have a great weekend! Ed

 



If you have comments or questions on the information in these articles,
as usual feel free to call our offices.



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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