Financial Review

….Stocks rebound in another wild ride. Overseas markets tumble. Volatility comes roaring back. Waiting on another shutdown. Financial Review by Sinclair Noe for 02-06-2018 DOW + 567 = 24,912 SPX + 46 = 2,695 NAS + 148 = 7115 RUT + 16 = 1507 10 Y – .03 = 2.77% OIL – .23 = 63.92 GOLD – 15.30 = 1324.70   The original trigger for the equities sell-off was a sharp rise in U.S. bond yields late last week after the jobs report data showed U.S. wages increasing at the fastest pace since 2009. That raised the alarm about higher inflation and, with it, potentially higher interest rates. The Dow Industrials dropped 666 points on Friday. Yesterday, the Dow dropped nearly 1,600 points in the “biggest intraday decline in history” and closed down 1175 points, the biggest single day point loss in history. The 4.6% plunge was the index’s worst day since August 2011 and knocked it into the red for the year. On a percentage basis, the losses didn’t even crack the Top 20, but the losses were still significant. You could have wor