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Stocks were little changed yesterday after the U.S. threatened a new wave of tariffs on European goods, dampening recent optimism surrounding the Washington-Beijing trade truce.

 

Drivers should pay about a dime less per gallon for gasoline over the Fourth of July holiday than last year, even with a major refinery outage and new taxes in about a dozen states.  A record 41.4 million people are expected to travel on the nation’s roadways over the long holiday weekend, an increase of 4% from 2018, according to AAA, and even with the shutdown of the largest East Coast refinery, gasoline should be plentiful.
 
Anheuser Busch Inbev - The brewer’s stock jumped 2% after announcing that it is looking to raise as much as $9.8 billion from a Hong Kong listing, in what would be the world’s largest initial public offering of the year. The IPO would give Budweiser Asia, which has a portfolio of more than 50 beer brands in the region, a market capitalization of up to $63.7 billion.

 

According to the Commerce Department outlays for U.S. construction projects fell 0.8% in May at a seasonally adjusted annual rate of $1.3 trillion. That's the biggest drop since November.

 

With Northwest Quadrant Wealth Management, I'm Tyler Simones

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  • Powers Road between SW Elkhorn Street and Porcupine Drive for paving, road closure with local access only, 9/16/19 - 9/17/19.
  • Rockbluff Lane between SW Elkhorn Street and SW Cliffrose Drive for paving, road closure with local access only, 9/16/19 - 9/17/19.
  • Cooley Road between Highway 97 and Hunters Circle for railroad crossing repairs, road closure with detour, 9/16/19 - 9/17/19.
  • NE 3rd Street between NE Greenwood Avenue and NE Franklin Avenue for Citywide Pedestrian Safety Improvements, periodic lane closures with local access, 9/16/19 - 10/25/19, night work from 10 p.m. - 10 a.m.
  • NE Revere Avenue between Division Street and NE Lytle Street for railroad crossing repairs, road closure with detours, 9/18/19 - 9/20/19.

 

 

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