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

 

UP Week, Dow Breaks 25k, Fed Interest Rate Hike Next Wk?
for Week Ending 6/8/2018

 

UP week for the majors as the Dow broke through 25k again & had its largest weekly gain since March. For the week the Dow added 681 pts or 2.77%, the S&P rose 44 pts or 1.62%, and the NASDAQ climbed 91 pts or 1.21%. The Federal Reserve is scheduled to meet next week with a possible rate increase on the table. Brent crude oil prices traded at just under $77 a barrel, off its recent high of $80.50.  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