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

 

DOWN Week, Aug. Payrolls Up 201K, Average Hourly Earnings Up 2.9%
for Week Ending 9/7/2018

 

The 2 week rally ended this week as all the majors fell amidst trade & tariff talks, despite strong economic reports. For the week the Dow fell 48 pts or -0.19%, the S&P lost 29 pts or -1.01%, while the NASDAQ slid 207 pts or -2.55%. In August non-farm payrolls grew by 201,000 above a 191K expectation. Average hourly earnings jumped by 2.9%, above the 2.7% expectation & unemployment held at 3.9%. 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