Financial Review

…Dow drops 784 points, but trims losses. Oil slides as OPEC meets. US an oil exporter. Huawei exec arrested in Canada – trade tensions spike. Trade deficit jumps. ADP private payroll 179k in November. ISM services sector increases. Stopgap government funding for 2 weeks. Financial Review by Sinclair Noe for 12-06-2018 DOW – 79 = 24,947 SPX – 4 = 2695 NAS + 29 = 7188 RUT – 3 = 1477 10 Y – .05 = 2.87% OIL – 1.13 = 51.76 GOLD + .50 = 1238.20   Stocks pared losses in the final hour or so of trading. The Dow industrials had been down 784 points earlier in the session. Globally, stocks did not bounce. The FTSE 100 index suffered its biggest percentage fall since the day after the EU referendum in June 2016 – closing almost 218 points lower at 6,704. Theresa May’s uphill struggle to get the House of Commons to agree her Brexit deal provided an additional cause of market anxiety in London. The 3.15% fall in the FTSE left the market at its lowest level in two years. Only three of the 100 companies quoted in the FTSE 1