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

 

2nd UP Week, October China Trade Talks Scheduled, August New Jobs 130,000, Jobless Claims Up to 217k
for Week Ending 9/6/2019

 

Positive new job reports, low layoff numbers plus new China trade talks scheduled for October pushed indexes higher. For the week the Dow added 394 pts or 1.49%, the S&P rose 52 pts or 1.79%, while the NASDAQ climbed 140 pts or 1.77%. The Bureau of Labor statistics reported 130,000 new jobs in August & with jobless claims for last week rising slightly to 217,000. We'll be watching if the Fed holds, cuts or raises interest rates on Sept 17th. 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