…All 3 indexes drop big. Barcelona attack. Trump fallout continues. The Cohn effect. Generals and senators. Walmart earnings. Alibaba better earnings. Mylan must pay. Financial Review by Sinclair Noe for 08-17-2017   DOW – 274 = 21,750 SPX – 38 = 2430 NAS – 123 = 6221 RUT – 24 = 1358 10 Y – .03 = 2.20% OIL + .23 = 47.01 GOLD + 4.70 = 1288.50 All 30 companies in the Dow Industrials finished in negative territory. Cisco Systems fell 4% after the networking-equipment company late Wednesday reported earnings that missed forecasts and lowered its guidance for next quarter, and Walmart fell 1.6% after its results, which included lower-than-expected sales from its Sam’s Club division. All 11 of the S&P 500’s sectors closed lower on the session, which has only happened two other times this year. And the Nasdaq was the biggest percentage loser – down 1.9%. The last time all three major benchmarks finished down 1% or more was May 17. The Dow is now 1.7% off its closing record, with the S&P 500 and Nasdaq off 2.1% and 3.1% their respective closing highs. Meanwhile, the small-cap oriented Russell 2000 index fell 1.8% to finish at just below 1,359, its first close below its 200-day moving average in 14 months.   The latest deadly use of a vehicle to carry out mass violence occurred Thursday in the Spanish city of Barcelona, where a van mowed down pedestrians on a busy avenue popular with tourists. Many things about the event remain unclear, but it appears that a dozen ...