Financial Review

…Tariffs on EU, Canada, Mexico; a pall on animal spirits due to uncertainty over possible trade war. Waymo goes for liftoff. Sears going down the drain. Financial Review by Sinclair Noe for 05-31-2018 DOW – 251 = 24,415 SPX – 18 = 2705 NAS – 20 = 7442 RUT – 14 = 1633 10 Y – .02 = 2.82% OIL – 1.11 = 67.10 GOLD – 3.00 = 1298.90   After a momentous day on the international trade front, Wall Street closed lower for the fourth time in the past 5 sessions. While stocks ended May on a sour note, major indexes still posted monthly gains, with the small-cap Russell 2000 outpacing its large-cap rivals. For the month of May, the Dow Industrials gained 1%, while the S&P 500 advanced 2.2% and the Nasdaq booked a 5.3% increase. The Russell 2000 index of small-cap stocks left its large-cap rivals behind with a 6% May advance. The index finished at an all-time high on Wednesday, up 1.4%, to 1,646.36, and rose in early action Thursday before retreating 0.8% on the day.   The tariff issue cast a pall over the animal spirits. L