28 December 2018

1) Weekly jobless claims fell to a near 49 year low, with 216,000 claims.

2) The Dow’s 1000 point surge failed to stimulate the European markets, which fell as well as the China markets.

3) Apple’s top of the line iPhones are to be manufactured in India, spurred by fears of continuation of the trade war.

4) 27 DEC 18 Stock market closings: Dow has a wild swing of 800 points.

  Dow 23,138.82 up 260.37
Nasdaq 6,579.49 up 25.14
S&P 500   2,488.83 up 21.13

10 Year Yield: down at 2.74%

Oil: up at $45.39

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