Financial Review

..Stocks rally. Waiting on G7. Trade wars have a price. But the trade deficit dips. Productivity slides. Tesla pops. Expect higher plane tickets. Amazon’d. Financial Review by Sinclair Noe for 06-06-2018 DOW + 346 = 25,146 SPX + 23 = 2772 NAS + 51 = 7689 RUT + 11 = 1675 10 Y + .06 = 2.97% OIL – .54 = 64.98 Stock markets started the session strong and just got better throughout the day. The Nasdaq Composite and the Russell 2000 indices closed at record highs. The Dow and the S&P 500 closed at their highest levels since March 12. The Dow posted its best session in about 2 months. The Nasdaq is up 11.4% in 2018 while the Russell is up 9.2%. To compare, the Dow is up 1.7% and the S&P has risen 3.7%. The financial sector rose 1.8%, easily the biggest percentage gainer of the day. The sector was boosted in part by a rise in the yield of the benchmark 10-year Treasury note. Among the most notable gainers in the sector, JPMorgan Chase gained 2.3% and Goldman Sachs added 1.7%.   A report late yesterday indicated that