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

 

Majors Up for Week - Jobless Claims 234,000
for Week Ending 5/26/2017

 

Markets rallied this week with all the major indexes up as the next Fed meeting is less than 3 weeks away. For the week the DOW jumped 275 points or 1.32%, the S&P rose 34 points or 1.43% while the NASDAQ added 126 points or 2.08%. Initial jobless claims were 234,000 and the four-week moving average of claims fell to a 44-year low. Have a good holiday 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