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

 

Down Week for Majors, 48-Year Low Jobless Claims
for Week Ending 3/2/2018

 

The 2 week rally ended this week as the majors all fell, giving back some of the recent gains. For the week the Dow lost 771 pts or -3.05%, the S&P slid 56 pts or -2.04%, while the NASDAQ fell 79 pts or just -1.08%. Initial jobless claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 210,000 for the week ended Feb. 24, the lowest level since December 1969. 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