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The S&P 500, Dow Jones, the Nasdaq and the small cap Russell 2000 hit their all-time peaks simultaneously yesterday for the first time since December 31, 1999. This comes as companies ended a five-quarter profit growth decline.  (Bloomberg)

Since Trumps election, the average 30-year fixed rate home loan has risen roughly 0.5%.  That puts this November as one of the four worst months in more than a decade.  A 30-year fixed rate now stands at 4.125%. (Mortgage Daily News)

The fallout from their scandal of opening two million fraudulent accounts to increase sales continues.    Wells Fargo has been hit with new management restrictions by the Office of the Comptroller of the Currency. The bank is now required to get approval before making some business decisions or giving out executive severance packages. (Zacks)

Jack In The Box reported a quarterly profit of $32 million.  The burger chain posted sales of $398.4 million. Jack In The Box shares are up 33% in 2016. (AP)   

Hormel, makers of Spam and Skippy peanut butter have sold its Farmer John and Saag's Specialty Meats brands to Smithfield Foods for $145 million in cash. (WSJ)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.