Financial Review

…Small caps hit another record. Yields continue march higher. Homebuyers rush for deals. EU angry with Trump. China turns to Russia for soybeans. Mueller probe anniversary. CBS v. Redstones. Kroger-Ocado. Paypal-iZettle. Wells Fargo, again. Financial Review by Sinclair Noe for 05-17-2018 DOW – 54 = 24,713 SPX – 2 = 2720 NAS – 15 = 7382 RUT + 8 = 1625 10 Y + .01 = 3.11% OIL + .08 = 71.57 GOLD un 1291.20 Stocks fell, at least the big cap stocks. Small caps continued a rally that has pushed the Russell 2000 to two straight sessions of record highs. Tech stocks were down after a less than satisfying earnings report from Cisco Systems, which dropped 3.8%. Shares of Applied Materials fell 2% in after-hours trade, as the chipmaker materials supplier’s sales outlook came in below the Wall Street consensus. Nordstrom shares fell more than 5% in late trading after the retailer posted first-quarter results above expectations but same-store sales rose less than expected. Walmart posted an earnings and sales beat. The big