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

 

Up Week - S&P 500 Closes 2,800+, Jobless Claims 229k, Oil Hits $58/bbl
for Week Ending 3/15/2019

 

The Majors ended the week up on a quadruple witching Friday, as initial jobless claims were 229,000 for the week ending March 9th. For the week the Dow rose 398 pts or 1.57%, the S&P jumped 77 pts or 2.81%, while the NASDAQ added 280 pts or 3.78%. Oil prices continued rising hitting $58/bbl, China & US trade talks continued. S&P 500 hit new 19' highs, closing above 2,800, as its tech sector was up 3.5% leading the way. 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