Financial Review

….Stocks actually dropped. 10-year note hit 2.60%; China balks on buys. Import prices inch higher. Korean talks. Offshore oil drilling (not quite) plan. DACA delayed. NAFTA collapsing? Tapping home equity. Goodbye cashiers. Kadakcoin. Financial Review by Sinclair Noe for 01-10-2018   DOW – 16 = 25,369 SPX – 3 = 2748 NAS – 10 = 7153 RUT – 0.30 = 1559 10 Y un = 2.55% OIL + .50 = 63.46 GOLD + 3.70 = 1317.30   The S&P and the Nasdaq have closed at record highs every single day in 2018, until today.  Earnings for S&P 500 companies are expected to increase by 11.8 percent, with biggest contribution from the energy sector, according to Thomson Reuters. Crude oil topped $63 a barrel. The S&P financial index rose more than 1 percent, helped by gains in Wells Fargo and JPMorgan ahead of earnings results on Friday.   Early this morning the yield on the 10-year Treasury note hit 2.60%. Chinese officials have recommended the country slow or halt its purchases of the US bonds. Maybe the Chinese do not think US bonds are a