Financial Review

…10-yr. yield holds above 3%. Earnings season in full bloom: Boeing, Facebook, AMD, Qualcomm, Ford, Chipotle, AT&T, Comcast, and more. Financial Review by Sinclair Noe for 04-25-2018 DOW + 59 = 24,083 SPX + 4 = 2639 NAS – 3 = 7003 RUT – 2 = 1550 10 Y + .03 = 3.03% OIL + .34 = 68.04 GOLD – 7.20 = 1323.60   This was an up and down session. Boeing rose 4.2 percent after reporting quarterly results that easily beat analyst expectations. The stock’s rise helped the Dow bounce back from a 201.05-point deficit and snap a five-day losing streak. Wall Street still seems jittery about bond yields. The benchmark 10-year Treasury yield traded at 3.03 percent after breaking above 3 percent for the first time since 2014 on Tuesday. Investors are worried rising borrowing costs may slow the economy. Also, with the S&P 500 dividend yield at 1.9 percent, a risk-free investment like U.S. Treasuries yielding 3 percent makes more sense in a volatile environment. But that reasoning is weak. The play assumes holding the bond to dur