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

 

3rd UP Week, Jobless Claims Fall to 204,000, August Auto Sales Up 1.8%, August Retail Sales Up 0.4%
for Week Ending 9/13/2019

 

Positive retail & auto sales reports for August helped buoy the indexes this week for a 3rd up week in a row. For the week the Dow added 422 pts or 1.58%, the S&P rose 28 pts or 0.96%, while the NASDAQ climbed 73 pts or 0.91%. While retail & auto sales rose in August 0.4% and 1.8% respectively, jobless claims for the week ending 9/5 also fell to 204k, almost a 5 month low. The Fed meets next Tues to discuss interest rates. 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