Business & Real Estate

S&P 500 hits record highs again

The Standard & Poor’s 500 index closed at a record high Friday after a rough start. Investors are counting on the stock market to bounce back in 2015 like it did in 2014, despite an unexpected drop in consumer confidence.

Because of the economy’s weak first-quarter data, many forecasters expect U.S. Federal Reserve officials to wait until September to raise interest rates.


Tech, style blend in new pop-up shop

Photos by Alicia Castro/Town Crier
The Guildery Inc. co-founders Kelly Berger, left, and Shane Reilly showcase a collection of color-coordinated products available in the pop-up shop at 170 State St.

Anyone who’s decorated a room knows the woes designers face – finding the perfect pattern in the wrong color, the ideal color on an awful print or, arguably worst of all, great items that just don’t go.

Like many a great startup, The Guildery Inc. focuses on solutions.


Markets flirt with new highs

A strong employment report helped lift the stock market Friday, even after U.S. Federal Reserve Chairwoman Janet Yellen reported that stock valuations “generally are quite high.”

The Dow Jones industrial average closed at 18,191.11 Friday, ending the week 0.9 percent higher. The Standard & Poor’s 500 index reached 2,116.09 – 28.09, or 1.4 percent, higher than the previous market close and a 0.4 percent gain for the week. Both are close to all-time highs and could march into record territory this week.



Los Altos

1505 Cedar Place, Hamilton Trust to S. Seshadri for $2,300,000

10 Deep Well Lane, Ravizza Trust to Kissner Trust for $2,145,000


Ed center scores spot in Foothills Crossing

Alicia Castro/ Town Crier
C2 Los Altos tutor Max Shih, left, instructs Homestead High School student Rajesh Suresh.

Los Altos families have a new resource for helping their children ace the test.

C2 Los Altos – a recently opened education center in Foothill Crossing – provides tutoring for students in grades K-12 in all academic disciplines, plus preparation for college entrance exams and Advanced Placement testing.


Sell in May and go away?

While last week ended on a high note, it was a rough-and-tumble period for Wall Street. The recent volatility is a reflection of how nervous investors are – they’re expecting a correction and don’t want to get caught when the music stops.

Sell in May and go away? It’s an old English custom to get out of the market until the movers and shakers return after horse-racing season.


Business Briefs

Courtesy of Hidden Villa
Hidden Villa simplifies produce purchases.

Hidden Villa offers seasonal produce

Hidden Villa’s Community Supported Agriculture (CSA) Program supplies organic produce from the Los Altos Hills preserve.

Local residents can sign up to receive weekly boxes of seasonal fruits and vegetables from mid-May through Thanksgiving. Participants pick up their produce at Hidden Villa or one of the farm’s drop-off locations in Los Altos, Mountain View or Palo Alto.


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