Financial Review

Making the List

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Synopsis

…Stocks waver on trade concerns. What makes the list. Home-builders slip. Still, the economy is fairly strong. Ford buys a train station. Financial Review by Sinclair Noe for 06-18-2018 DOW – 103 = 24,987 SPX – 5 = 2773 NAS + 0.64 = 7747 RUT + 8 = 1692 10 Y un = 2.93% OIL + .72 = 65.78 GOLD – 1.00 = 1278.90   Stocks closed lower but not at session lows. The Dow had been down 265 points in early trade and even though it recovered more than half, it could not avoid a fifth consecutive losing session. The S&P 500 index clawed out of a 22-point loss. The Nasdaq went from negative to positive. The Dow is up 0.8% for the year, while the S&P has gained 3.6%; both remain a few percentage points below record levels. The Nasdaq is up 12% for the year and is just below an all-time closing high hit Thursday. Today, gains in energy shares helped curb declines stemming from concerns about a trade war with China. Trump said last week he was pushing ahead with tariffs on $50 billion of Chinese imports. China announced simila