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

 

Mixed Week, Nasdaq + S&P Up, 223k May Jobs, 3.8% UnEmp
for Week Ending 6/1/2018

 

Mixed week as the Nasdaq rallied, the S&P was up & the Dow fell. For the week the Dow lost 117 pts or -0.48%, the S&P rose 13 pts or 0.49%, and the NASDAQ climbed 120 pts or 1.62%. US unemployment fell to 3.8% matching a 50-year low set back in Dec 1969. Dept of Labor reported 223,000 new jobs added in May, with manufacturing jobs rising 18,000 and construction jobs rising 25,000.  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