From Dow Jones & Company:

The S&P 500’s record run may have a hit a bump in the road, but head of strategy at London-based Liberum Capital, Joachim Klement, still sticks up for stocks. Klement explains why investors might think the opposite and debates U.S. stocks versus U.S. bonds. The markets S&P 500 and Nasdaq-100 futures are flat, while Treasury yields are softer. Tesla stock is tumbling 7%, but IBM stock is up 7% and Nokia stock is rallying after a margin beat. Weekly jobless claims, durable-goods orders, and advanced trade in goods are expected. Elon Musk wants voting control of Tesla’s stock, IBM, Nokia, and a few airlines are reporting. Boeing stock is down 2% after the FAA halted its plans for expanding Max airplane production following an in-flight blowout. ~230 words



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