Financial Review

…Stocks bounce. Infrastructure plan unveiled – how to pay remains a mystery. 2019 Budget unveiled – another mystery. GD buys CSRA. Wells credit cut. Unilever wants to clean up social media. Barnes & Noble cuts jobs, Amazon copies. Financial Review by Sinclair Noe for 02-12-2018 DOW + 410 = 24601 SPX + 36 = 2656 NAS + 107 = 6981 RUT + 13 = 1490 10 Y + .03 = 2.86% OIL + .12 = 59.32 GOLD + 6.80 = 1323.50   Last week stocks suffered the biggest losses in 2 years. All three indexes suffered weekly losses of at least 5%, the biggest since early 2016. The S&P 500 and the Dow entered correction territory on Thursday—defined as a decline of at least 10% or more from recent highs. Friday and today we had big back-to-back gains. The 30-stock Dow closed more than 1,000 points lower twice last week and rose more than 300 points in two other trading days. The S&P 500, meanwhile, posted moves greater than 1 percent in four-of-five trading days last week. There was no major economic data on the calendar today. The data highl