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

 

Down Week, Oil Prices 6th Weekly Decline
for Week Ending 11/16/2018

 

After 2 up weeks the majors were down this week amid ongoing global weakness in oil prices. For the week the Dow fell 577 pts or -2.22%, the S&P lost 41 pts or -1.49%, while the NASDAQ slid 159 pts or -2.15%. The Fed meets again in 4 weeks while Jerome Powell stated Wed. he's "very happy about the state of the economy now". US oil prices continued falling making this the 6th weekly decline. 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