Charles Wilson, LLC | 307 S. Friendswood Dr, Ste B-2 | Friendswood, TX 77546 | 281-993-4530

 

Up Week, More Records, Jobless Claims 206k, Q2 GDP 2.1% Beats Expectations, Fed Meets 7/30
for Week Ending 7/26/2019

 

Major indexes were back up this week as the S&P & Nasdaq both posted record highs. For the week the Dow added 38 pts or 0.14%, the S&P rose 45 pts or 1.51, while the NASDAQ jumped 183 pts or 2.26%. Jobless claims fell to 206,000 for week ending July 20th. Second quarter GDP fell from 3.1% in Q1 to 2.1% but beat expectations, driven by more consumer & federal spending. Markets still expecting a Fed rate cut next week. 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

 

 

 

 

Charles Wilson, LLC | 307 S. Friendswood Dr, Ste B-2 | Friendswood, TX 77546
281-993-4530 | charlie@wilsonaccounting.net