Financial Review

Storm Warning

Informações:

Synopsis

…Trade concerns. Ford Active elsewhere. GDP and unemployment rate fact check. Consumer borrowing ticks up. California will go 100% green. Florence warning. Financial Review by Sinclair Noe for 09-10-2018 DOW – 59 = 25857 SPX + 5 = 2877 NAS + 21 = 7924 RUT + 4 = 1717 10 Y un = 2.94% OIL – .22 = 67.53 GOLD – .80 = 1196.40   The S&P 500 and the Nasdaq each snapped a four-day losing streak. Last week was the S&P’s first negative week of the past four, and it represented the biggest weekly percentage drop since June. The Nasdaq suffered its biggest weekly drop since March. The Dow Industrial Average slipped while the Dow Jones Transportation Average rallied to a new record high at 11,554. The gainers were led by shares of truckers J.B. Hunt Transport Services up 3.0%, and Landstar System up 2.9%, followed by air carrier American Airlines up 2.0%.   It looks like stocks are still trying to find direction, and there really isn’t much you can read into today’s trading. Meanwhile, US Treasuries are coming off their wo