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

 

Dow Flat, Nasdaq 10th Up Week, S&P 500 Breaks 2,800+, Fed to End Bond Runoff?
for Week Ending 3/1/2019

 

This week the Nasdaq posted its 10th weekly gain, the S&P 500 broke back above 2,800 & the Dow was flat losing just 5 pts. For the week the Dow lost 5 pts or -0.02%, the S&P rose 11 pts or 0.40%, while the NASDAQ gained 67 pts or 0.90%. Fed Reserve Chair Powell said the central bank is close to announcing plans for ending the runoff of its $4 trillion portfolio of bonds & other assets this year. 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