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The Stock Market has had a wild ride in recent days. The Dow was down by 166 points on Friday and then a strong comeback on Monday and Tuesday to push it over 12,000. Tyler Simones with Northwest Quadrant Wealth Management in Bend says while Dow 12,000 gets a lot of attention; it’s mostly a meaningless milestone: "Dow 12,000 is a psychological level. The Down Jones Industrial average is 30 stocks; it’s really an irrelevant average. Most professional investors don’t look at the Dow at all, but most retail investors, the average person on the street focuses on the Dow. But it’s not a really very good proxy of the U.S. economy, because it’s only 30 industrial stocks.” The more important number is the S & P 500, and the fact that it hit the 1300 mark. The market hit both benchmarks at the close yesterday.

 

 

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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.