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The S&P 500 has posted five straight weekly gains and is on track for a seventh straight positive month. The Nasdaq posted a record closing high Friday. 10% of the S&P 500 reports earnings this week. (CNBC)

Oil is sharply higher as Iraqi forced entered the oil city of Kirkuk, taking territory from Kurdish fighters and raising concerns over exports from OPEC's second-largest producer. (Reuters)

The University of Michigan consumer sentiment index rose to 101.1 in October. That is its highest level since the start of 2004.

The Commerce Department says U.S. retail sales rose 1.6%. It was the biggest increase in 2 1/2 years.

The Labor Department says the Consumer Price Index jumped 0.5% in September. It was the biggest increase since January.  Year-on-year gain of the CPI is 2.2%. Gas prices surged 13.1% accounting for 75% of the CPI increase. Last month, food prices rose 0.1%, rental accommodations rose 0.2% and new car prices fell 0.4%.

70 days till Christmas and Macy's stores will open at 5 p.m. on Thanksgiving like last year. (CNBC)

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

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

 

  • Purcell Boulevard Northbound lane between Neff Road and Full Moon Drive (West side of the hospital) is closed until December 20th.

 

  • 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.