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Volatility is back for equity markets so far in 2014 as we are having another see saw week.  Despite record earnings for the S&P 500, weather impacted economic data is having the bigger impact on the markets. (Fox News)

The ADP jobs report says the private sector added 175,000 jobs in January.  Most of the strength was job additions in the small business sector. Weather did have a small downward impact on the number. (CNBC)

Mortgage applications were essentially flat last week.  The 30-year fixed mortgage rate is at three month lows standing at 4.47%. (Mortgage Bankers Association)

Wal-Mart will spend almost half a billion dollars in their continued push into the Canadian grocery market.  The company plans to add 35 supercenter stores in Canada during 2014. The company currently has 360 stores in the great white north. (Market Watch)

Microsoft, the company that made more last quarter than Google, Facebook, Amazon and Cisco Systems combined, says they will stop supporting Windows XP in April. The operating system is now 12 years old.  The biggest impact will be felt by banks.  An estimated 95% of ATMS use Windows XP.  (CNN Money)
 

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:

 

Traffic

 

 

  • 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.