Fort Collins Coloradoan from Fort Collins, Colorado • C1

(970) 372-6003 www.castorenamarble.com Monday Friday: 8 am-5 pm Saturday: 9 am-1 pm CustomFabrication Specialists in Fort Collins, Colorado We create custom countertops, sinks, showers, steam rooms, bathroom vanity tops, bathtub surrounds, designer foyers, fireplaces, andmore! arble Granite Hanstone So ap sto ne Pe nt al Qu ar tz Sil es to ne At Castorena Marble and Granite we specialize in custom fabrication and installation. FC-GCI0116876-14 Business Fort Collins Coloradoan SATURDAY, JANUARY 5, 2019 1C STOCKS OF LOCAL INTEREST 52-Week Net Name High Low Last Chg Chg AdvEnId 77.99 38.74 42.99 2.00 .1 AMD 34.14 9.04 19.00 1.95 2.9 Anadarko 76.70 40.40 46.26 1.80 5.5 ABInBev 117.06 64.55 69.09 2.67 5.0 BroadcInc 274.26 197.46 233.23 2.27 CACI 200.85 133.00 144.60 3.79 .4 ECA MTrI 2.25 1.42 1.47 .01 EKodak 13.28 2.20 2.72 .22 6.7 EnCana 14.31 5.00 6.23 .18 7.8 Gannett 12.23 8.37 9.23 .43 8.2 HP Inc 27.08 19.22 20.72 .79 1.3 Hallibrtn 57.86 24.70 28.42 1.29 6.9 HP Ent 19.48 12.09 13.80 .62 4.5 Intel 57.60 42.04 47.22 2.73 .6 MartMM 241.33 150.75 176.39 5.88 2.6 NobleEngy 37.76 17.11 20.68 1.53 10.2 PilgrimsP 31.25 14.83 15.82 .15 2.0 Woodward 89.30 68.40 72.80 1.79 XcelEngy 54.11 41.51 48.50 .47 NORTHERN COLORADO EMPLOYERS BallCorp 50.98 34.71 45.59 1.33 Chipotle 530.68 247.52 455.00 15.55 5.4 Crocs 29.80 11.65 27.71 .64 6.7 DaVita Inc 80.71 48.25 54.00 3.02 4.9 DishNetw 50.49 23.22 28.28 1.86 13.3 GoodTimes 5.25 2.25 2.41 GuarntyBc 35.20 18.78 20.75 HeskaCorp 114.50 56.59 92.90 5.88 7.9 Innospec 83.20 53.07 62.76 2.55 1.6 MolsCoorB 85.86 54.17 59.71 1.84 6.3 NatBkHldg 41.44 29.26 32.08 1.01 3.9 NatrlGroc 24.50 6.18 15.72 .33 2.5 NewmtM 42.04 29.06 34.38 Noodles 13.50 5.00 7.07 .29 1.1 QuratRet A 29.11 18.04 19.88 .46 1.8 RedRobin 67.10 25.46 28.86 1.66 8.0 RemaxHld 61.27 27.84 32.44 1.20 5.5 RkyMChoc 12.60 7.95 8.83 .20 3.6 VailRsrt 302.76 200.29 217.74 7.76 3.3 WstnUnion 22.21 16.42 17.09 .22 .2 COLORADO Inc 39.29 26.80 30.34 .76 6.3 Agilent 75.11 60.42 65.46 2.19 Alphabet 1273.89 970.11 1070.71 54.65 3.4 Apple Inc 233.47 142.00 148.26 6.07 Citigroup 80.70 48.42 55.13 2.57 5.9 CocaCola 50.84 41.45 47.57 .93 .5 ConAgra 39.43 20.22 21.86 .30 2.3 Danaher 110.86 91.84 100.45 2.83 ExxonMbl 89.30 64.65 71.15 2.53 4.3 Facebook 218.62 123.02 137.95 6.21 5.2 FedExCp 274.66 150.94 164.43 7.24 1.9 FordM 13.48 7.41 8.08 .30 5.6 GenElec 19.39 6.66 8.23 .17 8.7 GenMotors 45.52 30.56 33.33 1.08 IBM 171.13 105.94 117.32 4.41 3.2 Kroger 32.74 22.85 27.66 .31 .6 Merck 80.19 52.83 76.27 2.23 MicronT 64.66 28.39 32.70 1.70 3.1 Microsoft 116.18 83.83 101.93 4.53 .4 Netflix 423.21 195.42 297.57 26.37 11.2 PepsiCo 122.51 95.94 110.48 2.22 Pfizer 46.47 33.20 43.00 .96 ProctGam 96.90 70.73 92.49 1.85 .6 RiteAid 2.55 .60 .78 .03 9.5 Sprint 6.62 4.81 6.21 .20 6.7 Target 90.39 60.15 66.43 .90 .5 3M Co 259.77 176.87 191.32 7.56 .4 UnionPac 165.63 121.22 137.79 5.11 UPS 135.53 89.89 97.74 3.29 .2 US Bancrp 58.50 43.14 46.83 1.13 2.5 VerizonCm 61.58 46.09 56.36 .14 .2 WalMart 109.98 81.78 93.44 .58 .3 WellsFargo 66.31 43.02 47.95 1.38 4.1 MAJOR EMPLOYERS 21,000 22,000 23,000 24,000 25,000 26,000 27,000 A 21,680 22,600 23,520 Dow Jones industrials Close: 23,433.16 Change: 746.94 (3.3%) 10 DAYS 6,000 6,500 7,000 7,500 8,000 8,500 A 6,160 6,480 6,800 Nasdaq composite Close: 6,738.86 Change: 275.35 (4.3%) 10 DAYS Friday, January 4, 2019 Net 1Yr Treasuries Last Pvs Chg WK MO QTR Ago 5.50 5.00 4.50 2.38 1.88 1.38 Prime Rate Fed Funds 3-month T-bill 2.42 2.35 1.39 6-month T-bill 2.46 2.42 1.58 52-wk T-bill 2.54 2.48 1.80 2-year T-note 2.48 2.37 1.95 5-year T-note 2.48 2.37 2.27 7-year T-note 2.54 2.43 2.38 10-year T-note 2.65 2.55 2.45 30-year T-bond 2.97 2.90 2.79 INTEREST RATES Last 6 Mo Ago 1 Yr Ago Easing fears of a recession, the labor mar- ket bounced back resoundingly in December as employers added 312,000 jobs amid stock market turmoil and increasing worker short- ages. The unemployment rate rose from a 50- year low of 3.7 percent to 3.9 percent as an ad- ditional 419,000 Americans began working or looking for jobs, many of them drawn in to the labor force by a strong job market, the Labor Department said Friday. Economists expected 181,000 job gains, ac- cording to a Bloomberg survey. The strong report boosted the stock mar- ket, sending the Dow Jones industrial average up about 750 points, about 3.34 percent, to 23,437 as of 2:30 p.m.

ET Friday. The rebound follows a rough Thursday for stocks after Ap- ple cut its revenue forecast amid slowing sales in China, and a private survey revealed a sharp drop in U.S. manufacturing activity. Harsh weather held down job growth in November, and some of vigorous showing can be chalked up to a predictable re- bound as idled workers returned, especially in sectors such as construction and restaurants. But the outsize payroll gains appears to aggressive hiring that far exceeds those weather Also encouraging: Payroll increases for Oc- tober and November were revised up by a to- tal 58,000.

was revised from 155,000 to 176,000 and from 237,000 to 274,000. recent stock market volatility, the underlying economy is strong and said Andrew Chamberlain, chief economist of Glassdoor, the giant job-posting site. An armada of worries has stirred concerns about the economy and pulled down stocks in recent months, including Federal Reserve in- terest rate hikes, the Trump trade war with China and a slowing global economy. The strong jobs report to close out 2018 comes as a welcome balm. The partial government shutdown, which began last month, has further unnerved in- vestors, though the idling of 400,000 federal workers the December jobs ures because Labor conducts its survey earli- er in the month.

Other forces, however, were expected to have an Since snowstorms in the Northeast and Midwest curtailed employ- ment by about 20,000 in November, Goldman Sachs expected a similar-size rebound last month. At the same time, the early Thanks- giving pulled forward seasonal retail hiring, possibly reducing job gains in that sector by about 10,000 in December, the research said. More generally, Barclays expects average monthly job growth to slow from 220,000 in 2018 the best performance since 2015 to about 160,000 this year. The low unemploy- ment rate is making it harder for employers to workers. And the of the tax cuts and spending increases passed by Congress will likely start fading, economists say.

Wage growth picks up Average hourly earnings rose 11 cents to $27.48, nudging up the annual gain from 3.1 percent to a new nine-year high of 3.2 per- cent. Businesses are expected to continue to boost pay more sharply as they bid up to at- tract a smaller pool of workers. That could in- tensify the dilemma facing the Federal Re- serve. Rising wages could fuel faster leading the Fed to stay on course to lift inter- est rates twice this year. But markets now ex- pect Fed to further dial back any rate hikes in light of the market turbulence and mounting concerns about a slowing economy.

Labor force participation hits 15-month high The share of American adults working or looking for jobs rose from 62.9 percent to 63.1 percent, highest since September 2017, as more Americans on the sidelines, including discouraged workers and retirees, returned to a labor market more jobs and higher wages. Eventually, the labor force participation rate is expected to resume its longer-term de- cline as millions of baby boomers continue to retire. Industries that are hiring Health care led the broad-based job gains with 58,000. Leisure and hospitality, which includes restaurants and bars, added professional and business services, and retailers, 24,000. Construction added 38,000 jobs after not adding any in November.

And manufacturers added 32,000 despite the Trump administra- trade with China, seeming to defy a manufacturing index out this week that re- vealed the weakest performance in more than two years. The report contributed to Thurs- market What it means little not to like in the December jobs report. The whopping employment gains were the stronger since early this year. Wage growth picked up to a new nine-year high. And the unemployment rate rose for a good reason as Americans on the margins streamed into an improving labor market.

The report, however, makes the rate- hike decisions even harder, with the strong job gains and faster pay increases suggesting may pick up while volatile markets have dampened consumer and business con- all puts the Fed in an awkward posi- says Ian Shepherdson, chief economist of Pantheon Macroeconomics. 312,000 jobs added in US, easing fears of recession Jobless rate rises as more look for work Paul Davidson USA TODAY People attend a job fair in 2017 in Cheswick, Pa. Job gains in December were higher than economists had expected, and payroll increases for October and November have been revised up by a total of 58,000. KEITH.