Financial Review

….Dow hits another record close. ISM Services soar. ADP jobs jump. SCOTUS considers independent contractor case. Honda and GM Cruise. Florence tallies. Nobel chemistry evolves. Financial Review by Sinclair Noe for 10-03-2018 DOW + 54 = 26,828 SPX + 2 = 2925 NAS + 25 = 8025 RUT + 15 = 1671 10 Y + .11 = 3.16% OIL + .99 = 76.22 GOLD – 5.70 = 1198.10   The Dow Jones Industrial Average hit another record high close. The Dow logged its fifth consecutive gain and 15 record high close of the year. The S&P 500 index is just a few points shy of a record. Stocks did not close near session highs, but still – a good day. A notably bad day for bonds. The yield on the 10-year Treasury note touched 3.16%, its highest level since July 2011.   The Institute for Supply Management’s survey of non-manufacturing firms climbed to a 21-year high of 61.6 last month from 58.5. Numbers over 50% are viewed as positive for the economy, and anything over 55% is considered exceptional. The ISM services index includes an array of companies