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The Dow Jones Industrial Average closed at a record high of 15-thousand 409 on Tuesday, gaining more than 100 points.

 

Financial Advisor Troy Reinarht with Northwest Quadrant Wealth Management, says economic indicators are moving in the right direction.

 

"We always need to remember the stock market is a forward looking instrument.  The economy is getting better, maybe not as fast as some would like, but it is getting better. Home prices are up, consumer confidence is up, employment numbers are up.  And as we go forward, Wall Street expects profits to be higher and that's the mother's milk of the stock market."

 

Reinart also warns the stock market is due for a correction of 5 to 15 percent -- since for the last twenty Tuesdays, we've had gains.

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  • Purcell Bridge CLOSED through April 2020.
  • ORE 22 remains CLOSED between Idanha and the junction with U.S. 20 (milepost 53-81) following a tanker truck crash that caused a fuel spill yesterday. The road will be closed to thru traffic indefinitely for the clean up of the fuel spill and recovery of the tanker.

 

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