Financial Review

…Earnings continue to pour in hot. Comcast passes on 21st Century Fox. Trade war tensions. Trump influences Fed. Invites Putin to White House. Financial Review by Sinclair Noe for 07-19-2018 DOW – 134 = 25,064 SPX – 11 = 2804 NAS – 29 = 7825 RUT + 9 = 1701 10 Y – .03 = 2.84% OIL + .68 = 69.44 GOLD – 4.80 = 1223.30 The Dow snapped a five-session win streak. The earnings season continued at full speed, driving individual stock moves. Nearly 14% of S&P 500 companies have reported thus far this season, according to FactSet, with profits up more than 20% and sales growing about 8.4%.   After the closing bell, Microsoft reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on June 30. Earnings topped estimates by 5 cents per share. Microsoft grew revenue by 17 percent, also topping estimates. In recent years CEO Satya Nadella has focused investor attention around the Commercial Cloud, a group of products including commercial tiers of the Office 365 productivity software,