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

 

2nd DOWN Week as Investors See Weak Growth Numbers Out of China & Europe
for Week Ending 12/14/2018

 

Weak growth numbers out of China and Europe pushed majors down as our U.S. 9-year economic expansion continues. For the week the Dow lost 288 pts or -1.18%, the S&P slid 36 pts or -1.39%, while the NASDAQ fell 58 pts or -0.84%. China agreed to temporarily reduce tariffs on on American made cars as negotiations continue. November US retail sales jumped more than expected showing American consumers remain resilient. 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