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UP Week, Major Indexes @ All-Time Record Highs, 224k New June Jobs, 3.1% Wage Growth
for Week Ending 7/5/2019


Markets rebounded this week with all major indexes hitting all-time record highs, plus a strong new jobs report for June @ 224,000. For the week the Dow added 392 pts or 1.47%, the S&P rose 48 pts or 1.65%, while the NASDAQ climbed 155 pts or 1.94%. Wage growth was 3.1% year over year. Unemployment ticked up to 3.7% but is still near 50-year lows. Some investors now worried good jobs report takes pressure off Fed to cut rates. Have a good weekend! Charlie



If you have comments or questions on the information in these articles,
as usual feel free to call our offices.  Click here for more information on our Free Portfolio Review.  Charlie Wilson, CPA/CFF, CGMA, CBEC





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