Business News

Tracking to a 13.2% Year-Over-Year Increase

Despite the blood moon eclipse earlier markets are in the green this morning following a two-day sell-off that shaved a good chunk off some big January gains. The Dow and S&P are still on track for their biggest monthly gains since March 2016, the Nasdaq since October 2015. (CNBC)

With 133 S&P 500 companies having reported, fourth quarter earnings for the S&P 500 are tracking to a 13.2% year-over-year increase. A solid 80% and 82% of S&P 500 companies have exceeded earnings and revenue targets, respectively. This week 118 S&P 500 companies will report. (LPL)

The Federal Reserve makes its interest rate decision and policy statement this morning after a two-day meeting. It is  Janet Yellen's final meeting as Fed chair. (CNBC)

The Eugene Register-Guard newspaper has agreed to sell  to GateHouse Media. The Register-Guard has been owned and operated by the Baker family since 1927. GateHouse Media publishes 630 community publications in 38 states. The deal will close on March 1st. The Register-Guard has 240 employees with a daily print circulation of about 37,500. (OBM)

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

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