Financial Review

— Oil tops $70; waiting on Iran decision. Merger Monday: Blackstone-Gramercy, Athena Health, Comcast-Sky, Nestle-Starbucks deal. Android Things. Apple record. Berkshire annual meeting. Financial Review by Sinclair Noe for 05-07-2018 DOW + 94 = 24,357 SPX + 9 = 2672 NAS + 55 = 7265 RUT + 13 = 1578 10 Y + .01 = 2.95% OIL + .28 = 70.00 GOLD – 1.40 = 1314,60   The Dow Jones industrial average gave back more than half of a 200-point intraday gain, while the S&P 500 held on for moderate gains. The major averages were first boosted by strong gains in energy stocks. The Energy Select Sector SPDR Fund (XLE) rose as much as 2.3 percent before closing 0.1 percent higher. For most of the session, crude oil was trading well above $70 a barrel, until a Trump tweet that he will announce a decision on the Iran nuclear deal tomorrow. Trump faces a May 12 deadline to either continue suspending sanctions targeting Iran’s oil exports or snap the penalties back into place. Refusing to grant the sanctions relief would imperil the