Financial Review

….Stocks end lower. Bonds down, 10-yr yield tops 2.9%. Commodities rise. Bidding war for Shire. LEI inches higher. Retail sales up. AZ unemployment rate flat. Wells Fargo v. teachers. Cuba, not Castro. Financial Review by Sinclair Noe for 04-19-2018 DOW – 83 = 24664 SPX – 15 = 2693 NAS – 57 = 7238 RUT – 9 = 1573 10 Y + .05 = 2.91% OIL – .32 = 68.15 GOLD – 3.90 = 1346.30   Stocks ended lower, with consumer staples, real estate and technology shares leading the losses. Investors continued to digest a mixed bag of corporate earnings. While results have largely come in ahead of expectations thus far, there have been some disappointments, and others haven’t produced the kind of blowout results seen necessary to continue pushing shares higher from elevated levels. Financials and energy shares were the only industry groups closing in the green. Financials rallied 1.5%. The S&P 500 components are expected to see earnings growth of 17.3% for the period, the fastest rate of expansion since 2011. The results have been e