Financial Review

…Nasdaq hits a record. Dow drops. Tech-chips lead the way. Broadcom-Qualcomm-Intel. Federal deficit grows. Waiting on inflation. Yahoo hack implications. Goldman succession. Dropbox IPO a go. Aramco IPO on hold Financial Review by Sinclair Noe for 03-12-2018 DOW – 157 = 25,178 SPX – 3 = 2783 NAS + 27 = 7588 RUT + 3 = 1601 10 Y – .02 = 2.87% OIL – .66 = 61.38 GOLD – .50 = 1323.60 Early trading saw the Dow Industrial Average up a little over 100, only to slide and close down 157. Boeing and Caterpillar were the biggest decliners on the Dow. Boeing lost 2.6 percent, and Caterpillar fell 2.3 percent. Both stocks would have problems with steel and aluminum tariffs which could increase costs and hamper sales abroad. Trump last week softened his stance on tariffs by exempting Canada and Mexico, but negotiations are ongoing as the European Union and Japan also seek exemptions. The big multinational, industrial companies of the world are all taking a hit on the concern that they will be the targets of reprisal sanctio