Business News

Oil and Amazon Rule!

Today is the last trading session of the month. The Dow and S&P 500 are up about 1% in April. The Nasdaq is down 1.3% for the month. (CNBC)
Exxon Mobil posted first-quarter profits of $1.81 billion. Results exceeded Wall Street expectations. The company posted sales of $48.71 billion. Exxon shares are up 13% in 2016.
Amazon stock prices are jumping about 12%, after the e-commerce giant hit it out of the park on first-quarter earnings and revenue. Sales came in at $29.1 billion, up 28% from last year. Their cloud-computing business, Amazon Web Services, accounted for 56% of the company's profit this quarter.   (CNBC)
Caterpillar is closing five plants and 820 jobs, as the heavy equipment giant react to declining demand. (MarketWatch)
Join Tyler and I this weekend for Financial Focus Radio when we will talk about your health insurance with Don Klippenes of Health Insurance Strategies.
MSCI International Index is down 0.02%.
Oil is up 53 cents at $45.56 a barrel. Oil is at 2016 highs. The slick stuff gained another 1.5% yesterday and is on track to climb about 20% in April. (Bloomberg)
Gold is up $12 at $1278 a Troy ounce.
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

On Air Now

Financial Focus with Tyler Simones and Josh Fenili
10:00am - 12:00pm
Financial Focus with Tyler Simones and Josh Fenili





News Disclaimers