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

 

UP Week, Rally Continues, DOW 25,800+ More Records
for Week Ending 1/12/2018

 

No sooner did the DOW hit 25,000 last week, then it pushed through & closed above 25,800 this week, as all the majors hit more record highs. For the week the DOW rose 507 points or 2.01%, the S&P added 42 points or 1.56%, while the NASDAQ jumped 124 pts or 1.74%. The FOMC is predicting 2 to 4 interest rate hikes in 2018, plus Jerome Powell is slated to succeed Janet Yellen as Fed Reserve chair. 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