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

 

2nd UP Week, Dow 26,000, 222k Jobless Claims, Treasury Yields Fall, Fed Meets Next Wk
for Week Ending 6/14/2019

 

The majors booked a 2nd up week as the Dow pushed past 26,000 & jobless claims rose a bit to 222k for week ending 6/8. For the week the Dow added 105 pts or 0.41%, the S&P rose 13 pts or 0.47%, while the NASDAQ climbed 54 pts or 0.70%. Treasury yields continued falling while yield curve inversions have some investors concerned that stocks are topping out. Will the Fed change rates at next Tuesday's meeting? Have a good weekend! Ed

 



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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