Japan’s manufacturing sector fell to the neutral mark in December, according to Purchasing Managers’ Index data, after two-and-a-half years of expansion. This follows trade data that showed Japanese exports fell 3.8% year over year in December, the slowest pace in two years.
Evio Labs, a marijuana testing company, with facilities in Bend and Eugene, has ceased operations. They voluntarily gave up their license after it was discovered employees were taking home waste materials in violation of all OLCC rules. (KTVZ)
China’s economy grew 6.4% year over year in the fourth quarter of 2018 and 6.6% for the full year, its slowest pace since 1991. (LPL)
Ford Motor reported a quarterly profit of 30 cents per share, sales came in above forecasts. Ford lost money in every global region except North America. (CNBC)
American factory production grew 1.1 percent in December, the biggest gain since February last year. The increase signaled that US consumer demand may be offsetting a pullback in exports to foreign countries. (WSJ)
S&P 500 is up 13 and the NASDAQ is up 36.
Oil is up 21 cents at $53.39 a barrel.
Gold is up $3 at $1283 a Troy ounce.
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.