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

 

Mixed Week, S&P 500 & DOW Hit All Time Record Highs - Jobless Claims Lowest Since Nov. 1969
for Week Ending 9/21/2018

 

Poring through economic data this week, investors continued buying & pushed all majors near or to record level highs. For the week the Dow climbed 588 pts or 2.25%, the S&P added 23 pts or 0.82%, while the NASDAQ lost 23 pts or-0.29%. The Labor Dept reported unemployment jobless claims slipped to 201,000, the lowest since November 1969. Expect a 25 basis point Fed interest rate hike next week. 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