Business News

Stocks are lower this morning as China announced additional tariffs against the U.S. on 106 U.S. products. The tariffs are designed to target up to $50 billion of U.S. products annually. (CNBC)

We are back into correction territory today after yesterday’s gains pushed them less than 10% away from their recent record highs. (CNBC)

The Paychex Small Business Jobs Index decreased 0.22% from last month and is down 0.27% from a year ago. Paychex said national hourly earnings for the month were $25.67, up 2.73% from last year.

Oregon could be getting its first tech IPO in more than a decade. Clark County laser manufacturer nLight has filed to go public last week. The last Oregon tech company to go public was Cascade Microtech in 2004. The company has more than 1,000 employees at sites around the world. (OregonLive)

Dave & Buster's reported a quarterly profit of 61 cents per share, beating estimates. The restaurant chain's revenue matched forecasts, but comparable store sales posted a larger than expected decline. (CNBC)

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

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