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

 

2nd UP Week, Indexes @ All-Time Record Highs: S&P - 3,000+, Dow 27,000+ Nasdaq 8,200+
for Week Ending 7/12/2019

 

Markets continued last week's climb, breaking all-time high records across the board with the S&P 500 breaking 3,000 for the 1st time. For the week the Dow added 339 pts or 1.26%, the S&P rose 23 pts or 0.78%, while the NASDAQ climbed 82 pts or 1.01%. Fed Chair Jerome Powell testified in front of congress this week, signaling a potential interest rate cut this month, feeding traders expectations and fueling the market rally. 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