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

 

Down Week, 134k New Sept Jobs, Unemployment Falls to 3.7%
for Week Ending 10/5/2018

 

Stocks pulled back this week as the 10-year Treasury note broke above 3.2%, its highest level since 2011. For the week the Dow lost 11 pts or -0.04%, the S&P fell 29 pts or -1.00%, while the NASDAQ slid 257 pts or -3.21%. Sept. non-farm payroll jobs were only 134,000 while July's & August's numbers were revised UP 18k & 69k respectively. US unemployment fell two-tenths to 3.7%, the lowest since Dec. 1969. 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