Financial Review

…Stocks rebound a little. Backstepping on trade. Crude pops over $70. Financials stumble. Creeping toward inversion. Consumers optimistic. SCOTUS upholds travel ban because it’s not as bad as it was. Fiduciary rule dies. AMLO odds-on. Financial Review by Sinclair Noe for 06-26-2018 DOW + 30 = 24,283 SPX + 5 = 2723 NAS + 29 = 7561 RUT + 10 = 1667 10 Y un 2.88% OIL + 2.38 = 70.46 GOLD – 6.50 = 1259.60 Stocks bounced back from a nasty selloff yesterday, but the bounce didn’t have much zip. The Dow Industrials never shifted out of first gear, but it managed to grind its way back above the 200-day moving average at 24,280. We’ll have to see if that support level holds. The Russell 2000 index performed well, indicating that the market is still jittery over trade wars. And the Nasdaq posted a decent gain, with tech shares moving higher and Apple leading the way with a 1.2 percent gain, breaking a 3-day skid.  Yesterday’s selloff was partly sparked by elevated hostilities centered on global trade and fresh worries th