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

 

UP Week, 213k New June Jobs, 4% Unemployment Rate
for Week Ending 7/6/2018

 

Markets rose on this holiday week as the majors broke a 2 week losing streak closing up on Friday. For the week the Dow added 185 pts or 0.76%, the S&P added 41 pts or 1.52%, while the NASDAQ rose 178 pts or 2.37%. The US added 213,000 new jobs in June as 601,000 Americans entered the workforce, putting June's labor participation rate at 62.9% and moving the unemployment rate up slightly to 4.0% from 3.8%. 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