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Stocks rose sharply on Friday and are now at all time highs as investor sentiment got a lift from much stronger-than-expected U.S. jobs data.
 
Saudi Arabia formally started its long-anticipated initial public offering of their state-run oil giant Saudi Aramco yesterday in hopes of raising billions of dollars for the kingdom.  Prince Mohammed hopes for a very-optimistic $2 trillion valuation for Aramco, which produces 10 million barrels of crude oil a day and provides some 10% of global demand.
 
Shares of Exxon Mobil traded lower after the company reported their third-quarter profit nearly halved, hit by lower oil prices and weaker margins in refining and chemicals, with its three major business reporting lower year-over-year profit.
 
About 70% of S&P 500 companies have reported quarterly earnings thus far, and of those companies 75% have reported better-than-expected earnings.
 
Gert Boyle, the longtime chairwoman of Oregon based Columbia Sportswear and the caustic star of the most memorable advertising campaign in outdoor apparel history, died yesterday morning at the age of 95.
 
With Northwest Quadrant Wealth Management, I'm Tyler Simones

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