Financial Review

November Gains

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Synopsis

…Stocks eke out gains for week and month. G20 hopes for and end to trade wars. Trump meets Xi. Putin meets MbS. NAFTA signed but not a done deal. Marriott breach. More Deutsche Bank raids. Financial Review by Sinclair Noe for 11-30-2018 DOW + 199 = 25,538 SPX + 22 = 2760 NAS + 57 = 7330 RUT + 7 = 1533 10 Y – .02 = 3.01% OIL – .73 = 50.72 GOLD – 1.80 = 1222.10 The Dow Industrials were down more than 80 points at session low. A rally into the close helped to finish the best week for the Dow in more than 2 years. The S&P 500 and Nasdaq posted their biggest weekly percentage gains in nearly 7 years. All three major U.S. indexes recorded modest monthly percentage gains for November. For the week, the Dow gained 4.7%, the S&P was up 4.5%, and the Nasdaq popped for a 5.2% gain.  For the month of November the Dow gained 1.3%, the S&P was up 1.5%, and the Nasdaq was down 0.1%. Year to date, all three indices are back in positive territory, with the Dow and the S&P both up 2.9%, and the Nasdaq Composite up 5.7% since t