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

 

Market Down for Wk + 235,000 New Jobs + Rate Increase Expected
for Week Ending 3/10/2017

 

After 4 weeks of records the majors all pulled back this week with the Dow still closing above 20,000. This week the DOW lost 102 points or -0.49%, the S&P slid 10 points or -0.44% while the NASDAQ fell 9 points or -0.15%. The February new jobs number of 235,000 surprised everyone who was expecting a 190k figure. Fed officials meet next week with experts predicting a 90% probability of an interest rate hike. 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