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

 

Mixed Week - NASDAQ Up, No Fed Interest Rate Increase
for Week Ending 5/4/2018

 

More volatility this week as the NASDAQ rose & others posted slight losses. For the week the Dow lost 48 pts or -0.20%, the S&P fell just 6 pts or -0.24%, while the NASDAQ rose 89 pts or 1.26%. The Fed met this week & left interest rates alone. Post meeting the Treasury 10-year yield was at 2.972%. Earnings season has been strong with nearly 80% of S&P 500 companies exceeding analysts expectations.  Have a good weekend! Ed

 



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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