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George Noorey
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George Noorey
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The Stock Market is had another wild ride Wednesday. Tuesday, the Dow closed up in triple digits; yesterday all those gains and more are being erased. As of 12:25 Wednesday, the Dow Jones Industrial Average was down about 200 points. Tyler Simones with Northwest Quadrant Wealth Management in Bend explains why there was a big sell off Wednesday: “So equity markets are selling off because people in Greece do not like the government's austerity methods; and so they are rioting in the streets.” He says Greece isn't a huge economy. He explains we are all inter-connected in a world economy and some big American companies could be affected by Greece defaulting on its debt.

 

 

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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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