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

 

UP Week for Majors on Friday Closing Rally
for Week Ending 2/23/2018

 

The rebound continued for a 2nd week with today's strong Friday rally, after the 2-week selloff earlier this month. For the week the Dow rose 90 pts or 0.36%, the S&P added 14 pts or 0.55%, while the NASDAQ climbed 97 pts or 1.35%. US oil rigs rose 1 to 799 this week as Brent Crude oil closed at $67.31 a barrel, up 3.8% this week. Next week Fed Chair Jerome Powell will give his 1st economic testimony to Congress. 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