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

 

Mixed Wk, Nasdaq 7700+, Fed Rate Hike, Jobless 218k
for Week Ending 6/15/2018

 

Mixed week for the majors as the NASDAQ hit all time record highs breaking 7,700 for the first time. For the week the Dow lost 226 pts or -0.89%, the S&P added 1 pt or 0.03%, and the NASDAQ climbed 100 pts or 1.32%. The Fed raised interest rates this week. Plus new unemployment benefit applications fell last week to 218,000 which helped the # of Americans on jobless rolls to decline to a near 44-year low.  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