Financial Review

…Stocks fall. Trade war heats up. NATO summit – what wall? Senators flake. Oil tumbles – pick a reason. PPI up. Comcast counters. Financial Review by Sinclair Noe for 07-11-2018 DOW – 219 = 24,700 SPX – 19 = 2774 NAS – 42 = 7716 RUT – 11 = 1683 10 Y – .03 = 2.84% OIL – 3.50 = 70.61 GOLD – 14.00 = 1242.00   The 4-day winning streak has snapped. The declines knocked the Dow back to breakeven for the year. That’s a dramatic departure from the Nasdaq, where highflying tech stocks have lifted the index 12% in 2018. Netflix has more than doubled this year, while Amazon has soared 50%. Even the broad S&P 500 is still up by 4%, not great but not down.   Industrial names including Boeing, 3M and Caterpillar, which have been among the hardest hit throughout the recent trade dispute, were among the Dow’s biggest drags today. The small-cap Russell 2000 has a solid 10% gain in 2018. It’s a bet that domestic companies will avoid the brunt of a global trade war. It makes sense that the Dow has been left in the dust. A trade