Business News

Oil is in The News

Stocks are higher this morning, after two straight weeks of losses for the Dow and S&P 500 and three down weeks in a row for the Nasdaq. (CNBC)

Tyson Foods the biggest U.S. meat processor with brands like Jimmy Dean, Hillshire Farm and Ball Park, reported a 39% rise in quarterly profits on lower feed and livestock costs. Sales fell 8%. (Reuters)

Warren Buffetts Berkshire Hathaway posted a first-quarter profit of $5.59 billion. The conglomerate had sales of $52.4 billion in the period. Berkshire shares are up about 10% in 2016. (AP)

S&P 500 is up 3 and the NASDAQ is up 13.  MSCI International Index is down 0.40%.

Oil is up 11 cents at $44.72 a barrel. Oil is higher following the replacement of Saudi Arabia's energy minister and the huge wildfire in Canada that has knocked out over a million barrels in daily production capacity. (Reuters)

Gold is down $20 at $1275 a Troy ounce. Gold snapped four days of losses on Friday after the weaker than expected jobs report. (CNBC)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

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