S&P 500 FINANCIALS INDEX
| Value 201.37 | Change 1.75 | % Change 0.9% |
The high yielders are just meandering around. The Alerian MLP Index is up pennies & the REIT index is up 1. Junk bond funds are up slightly. Treasuries were lower. The yield on the 10-year Treasury bond rose 4 basis points to 3.36%.
Alerian MLP Index --- 2 weeks
Dow Jones REIT Index --- 2 weeks
Oil is trying to getback over 80 & gold keeps marching onward & upward to new records.
| CLZ09.NYM | ..Crude Oil Dec 09 | ...79.72 | ... 0.58 .......(0.7%) |
| GCX09.CMX | ...Gold Nov 09 | ...1,147.20 | ... 8.40 .......(0.7%) |
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GLD (ETF) --- 1 year
Consumer prices edged up faster than expected in Oct, driven by another increase in energy prices & the biggest jump in new car prices in 28 years. However, prices are lower than they were a year ago & inflation is expected to remain subdued in a slow economic recovery. Consumer prices (CPI) rose 0.3% in Oct. Core inflation, excluding energy & food, rose 0.2%, remaining quiet as it has done for the last year. Overall prices in the last 12 months are down 0.2%, reflecting the effects of the longest recession since the 1930s. Energy prices rose 1.5%, the biggest increase since a 4.6% jump in Aug.
Consumer Prices in US Increased 0.3% in October
Core Inflation Rate -1 year
This is shaping up as another uneventful day in the markets. Housing starts fell 11% in Oct, but that was to be expected with the looming expiration of a gov tax credit & mounting joblessness. Hershey (HSY), down 41¢, & Ferroro (Italian company) may make a bid for Cadbury after Kraft's (KFT), down 16¢, fell flat. Company takeovers can be exciting & bring higher stock prices, but not today. Dow has been flat at 10.4K all week.
Dow Jones Industrials --- 2 weeks
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