Last updateFri, 21 Oct 2016 5pm

Stocks still in volatile mood

Last week’s first four trading days showed the Dow Jones industrial stocks up 4.9 percent, but by Friday the oil turned slippery again, perhaps prompting investors to question why they are still in the stock market.

Business Noteworthy

LA resident to lead Kauffman program

The Ewing Marion Kauffman Foundation appointed Los Altos resident Victor W. Hwang to lead its entrepreneurship programming. He will relocate to Kansas City to begin work Monday.

Hwang was co-founder and CEO of Liquidity, co-founder and CEO of T2 Venture Creation, executive director of the Global Innovation Summit and past president of the Larta Institute.

New signs point to boost in commerce

Town Crier File Photo
Los Altos officials and business leaders hope new signage throughout the city will draw intrigued motorists to the seven commercial districts.

As housing, development and traffic increase in and around Los Altos, business advocates hope new wayfinding signs will draw more potential patrons to the city’s commercial districts.

“These signs are not so much for our residents. They’re for our visitors – people who are trying to find us, people who we’d like to find us,” said Chamber of Commerce Executive Director Julie Rose.

U.S. equities continue falling

The average stock on Standard & Poor’s 500 index is down 10 percent so far in 2016, and trading 26 percent below its 52-week high. After Thursday’s decline, the Dow Jones industrial average closed at 15,660.18, down -254.56.


Los Altos

1070 Mercedes Avenue No. 6, S. Chen to G. & A. Barry for $900,000

569 Orange Avenue, Dodds Trust to W. & C. Hoffenberg for $2,300,000

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