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

 

Mixed Week, UP 3rd Quarter, Fed Raises Interest Rate 25 Basis Pts.
for Week Ending 9/28/2018

 

While the Dow & S&P 500 gave back 1/2 their gains from last week, the NASDAQ gained as the 3rd Quarter ended. For the week the Dow lost 285 pts or -1.07%, the S&P fell 15 pts or -0.54%, while the NASDAQ rose 59 pts or 0.74%. For the quarter the Dow was UP 9% while the S&P & NASDAQ were both UP 7%. The Fed added 25 basis points to interest rates and is signaling another rate hike this December. 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