The S&P 500 posted a new record closing high yesterday and is looking to do it again today. It was the first new high since May 2015. (FBN)
The Index of Small Business Optimism rose almost one point in June to 94.5 according to the National Federation of Independent Business. At 94.5, the Index remains well below the 42-year average of 98. Four of the 10 Index components posted a gain, three declined, and three were unchanged. The biggest increase was Expected Business Conditions.
Two high tech giants are joining hands and working together. Facebook and Microsoft are announcing a deal today for Facebook to use Microsoft's Office 365 cloud software. (WSJ)
Starbucks is increasing prices 10 to 20 cents on select sizes of brewed coffee, and 10 to 30 cents on espresso beverages and tea lattes today. The average customer order is expected to be about 1% higher. (CNBC)
All of you business people who are interested in learning more about efforts to elect a small business and pro jobs Bend City Council check out “What’s Brewing” tonight at 5pm sponsored by the Bend Chamber of Commerce. To register go to bendchamber.org .
The S&P 500 is up 9 and NASDAQ is up 21. The MSCI International Index is up 1.41%.
Oil is up $1.25 to $46.00 a barrel.
Gold is down $10 at $1347 a Troy ounce.
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.