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

 

4th UP Week, Nasdaq Above 7,000 Again, Markets Cheer U.S.-China Trade Progress
for Week Ending 1/18/2019

 

The majors continued to rally for a 4th straight week with the Dow having its first 4-week winning streak since August 2018. For the week the Dow added 710 pts or 2.96%, the S&P rose 74 pts or 2.88%, while the NASDAQ jumped 185 pts or 2.66%. The Nasdaq broke & closed back above 7,000 while breaking above it's 50-day moving average. China has offered a 6-year increase in US imports during trade talks. Have a good weekend! Ed

 



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Regards, W. Edward Newton Jr., CFP (R)

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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