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

 

Flat Week, Fed Holds on Int. Rates, April New Jobs 263,000, Unemployment 3.6%
for Week Ending 5/3/2019

 

The majors were mostly flat this week as the Fed said no change in interest rates and oil prices fell from their recent highs . For the week the Dow lost just 38 pts or -0.14%, the S&P added a mere 5 pts or 0.20%, while the NASDAQ rose a paltry 17 pts or 0.22%. The Dept. of Labor reported April new jobs came in at 263,000. And the national unemployment rate fell to 3.6% last month, the lowest level since December 1969. 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