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

 

Down Week on China Trade Talks Fears, Jobless Claims Fall to 228k Wk End May 4th
for Week Ending 5/10/2019

 

The majors fell this week as China tariffs this morning on $200B of goods, jumped from 10% to 25% while talks continue. For the week the Dow lost 562 pts or -2.12%, the S&P fell 64 pts or -2.18%, while the NASDAQ slid 247 pts or -3.03%. Global markets slid mid week as the tariff deadline approached. US markets rallied late today as upbeat trade talks emerged. Unemployment claims fell to 228,000 for the week ended May 4. 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