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.....Not a new record. Fed preps for hike. Bond market rattled. Snap snaps on IPO. Yahoo is just sad. Banks fined $321 billion (it’s hard to believe Clinton lost the election after Obama threw all those banksters in jail..oh, wait). DoL hits pause on advisers acting in clients’ best interests. Caterpillar raid. Earnings news. Creepy teddy bears.
Financial Review by Sinclair Noe for 03-02-2017
DOW – 112 = 21,002
SPX – 14 = 2381
NAS – 42 = 5861
RUT – 17 = 1395
10 Y + .03 = 2.49%
OIL – 1.21 = 52.62
GOLD – 15.00 = 1235.00

Yesterday, the Dow advanced about 300 points to close above 21,000 for the first time, just 24 trading sessions after it first hit 20,000. That matches the fastest-ever move between thousand-point milestones, which last happened in 1999 and took the index above 11,000.

The number of Americans filing for unemployment benefits fell to near a 44-year-low last week. Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 223,000 for the week

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