…..Dow, S&P and Nasdaq close at record highs. ISM manufacturing ticks up. Construction spending down. ADP private jobs strong. Fed Beige Book points to tight labor market. Trump pulls out of Paris Accord. Illinois cut.   Financial Review by Sinclair Noe for 06-01-2017 DOW + 135 = 21,144 SPX + 18 = 2430 NAS + 48 = 6246 RUT + 25 = 1396 10Y + .02 = 2.22% OIL – .30 = 48.02 GOLD – 3.20 = 1266.40   A record high close for the Dow Industrial average, taking out the last high from March 1st. Also records for the S&P 500 and the Nasdaq Composite. In many ways, the Dow is just playing catch-up with the other indexes that were already in record territory. While the Nasdaq is up 16% this year and the S&P 500 has rallied 8.5%, the Dow is up a more modest 7%.   The Institute for Supply Management’s manufacturing index inched slightly higher, hitting 54.9. This implies the overall manufacturing economy grew for the 96th consecutive month.   The Commerce Department announced that spending in the construction sector fell 1.4 percent for the month, the biggest drop since a 2.9 percent fall a year ago. Construction spending was forecast to have grown 0.5 percentage points in April, after falling 0.2 percentage points in March. The drop reflects significant weaknesses in home building, non-residential construction and government projects.   The number of Americans filing for unemployment benefits increased more than expected last week, but the rise probably ...