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A Bend financial advisor reacts to a big down day on Wall Street. U.S. stocks fell for a fourth session today. The Dow Jones industrial average was down 248 points.  Troy Reinhart with Northwest Quadrant Wealth Management in Bend says Europe is mostly to blame. "This is all Europe. It’s really a continuation of what we've seen all year; been even more succinctly over the last quarter the last 3 or 4 months and Europe's dragging everything down. Everyone's worried, no one knows who owns what debt what the contagion is out there so it makes everybody sell off." He says light trading volume is another factor. He doesn't believe the super-committee's failure played a factor because he says that result was already priced into the market.

 

 

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Traffic & Weather

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

Jones Road closed between Butler Market Road and Bennington Lane. (8/18)

 

Round-About Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
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