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

 

6th UP Week for Dow & Nasdaq + 304K New Jobs, Fed No Rate Increase - 'Patient' for 2019
for Week Ending 2/1/2019

 

The Dow & Nasdaq posted 6th straight weekly gains while the Nasdaq was also back up for the week amid a strong jobs report. For the week the Dow added 326 pts or 1.32%, the S&P rose 42 pts or 1.60%, while the NASDAQ gained 99 pts or 1.38%. Dept of Labor reported 304,000 new jobs for Jan. while at the Fed meeting this week they didn't increase interest rates and indicated they'd be 'patient' in 2019 on any increases. Have a super 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