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

 

 Majors Close Down This Week But ALL UP for Entire 2016!
           for Period Ending 12/30/2016

 

The majors ended Week #52 of 2016 on a down note, all dropping moderately, breaking the Dow's 7-week run. However all the majors were positive for the year! This week the DOW dropped 171 points or -0.86%, while the S&P lost 25 points or -1.10% and the NASDAQ fell 79 points or -1.46%. US jobless claims fell last week to 265,000 & have now hovered below 300,000 for 95 consecutive weeks while WSJ reports retailers are on pace for best holiday season in years. Have a great New Year's 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