…Tariffs on EU, Canada, Mexico; a pall on animal spirits due to uncertainty over possible trade war. Waymo goes for liftoff. Sears going down the drain. Financial Review by Sinclair Noe for 05-31-2018 DOW – 251 = 24,415 SPX – 18 = 2705 NAS – 20 = 7442 RUT – 14 = 1633 10 Y – .02 = 2.82% OIL – 1.11 = 67.10 GOLD – 3.00 = 1298.90   After a momentous day on the international trade front, Wall Street closed lower for the fourth time in the past 5 sessions. While stocks ended May on a sour note, major indexes still posted monthly gains, with the small-cap Russell 2000 outpacing its large-cap rivals. For the month of May, the Dow Industrials gained 1%, while the S&P 500 advanced 2.2% and the Nasdaq booked a 5.3% increase. The Russell 2000 index of small-cap stocks left its large-cap rivals behind with a 6% May advance. The index finished at an all-time high on Wednesday, up 1.4%, to 1,646.36, and rose in early action Thursday before retreating 0.8% on the day.   The tariff issue cast a pall over the animal spirits. Late yesterday we heard a warning that the White House would announce tariffs would kick-in. And that was the official announcement today. The latest moves include the imposition of steel and aluminum tariffs on allies that seemed likely to gain exemptions, including Canada, Mexico and the 28 countries of the European Union. Trump has now made clear: No exemptions. ...