Financial Review

…More records for Do, S&P. New home sales slip. LEI jumps higher. ECB holds pat, Draghi hits US over dollar talk. Trump in Davos – say what? Deaton says US has a poverty problem. Earnings parade: Starbucks, Intel, Cat, 3M. Financial Review by Sinclair Noe for 01-25-2018 DOW + 140 = 26,392 SPX + 1 = 2839 NAS – 3 = 7411 RUT + 2 = 1601 10 Y – .03 = 2.62% OIL – .38 = 65.23 GOLD – 10.40 = 1348.30   Record high close for the Dow and S&P 500.   The Commerce Department reports new home sales dipped 9.3% from the prior month, but 14.1% higher than a year ago. Despite the month-to-month choppiness, full-year 2017 new-home sales were 8.3% higher than in 2016. The median price of new houses sold in December 2017 was $335,400, 2.5% higher than a year ago. At the current pace of sales, it would take 5.7 months to exhaust available inventory, a healthy ratio.   Rates for home loans jumped to the highest level since March. The 30-year fixed-rate mortgage averaged 4.15% during the week ending Jan. 25, according to Freddie Mac