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

 

Down Week, 3.06% US 10-Yr Treasury, Crude Tops $80/bbl
for Week Ending 5/18/2018

 

Markets gave back about a quarter of last week's gains with all the majors falling slightly. For the week the Dow fell 116 pts or -0.47%, the S&P slid 14 pts or -0.54% the NASDAQ lost 48 pts or -0.66%. The US 10-Year Treasury closed at 3.06% as interest rates continue to inch higher. Last week's jobless claims were revised up from 211k to 222k. Brent crude oil topped $80/barrel as the US pulled out of the Iran deal.  Have a good weekend! Ed

 



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as usual feel free to call our offices.



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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