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

 

Markets Down for Week - Oil Below $48/brl - Jobless Claims 258,000
for Week Ending 3/24/2017

 

The majors were down this week as investor confidence was tested Wed. when the majors all fell 1+%. For the week the DOW fell 317 points or -1.52%, the S&P dipped 34 points or -1.44% while the NASDAQ lost 72 points or -1.22%. Oil fell below $48 a barrel as US supplies & increased drilling countered output cuts by OPEC. US weekly jobless claims totaled 258,000 vs a 240,000 estimate. 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