Alerian MLP Index -- 2 weeks
Dow Jones Industrials -- 2 week
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Monday, December 27, 2010
Lower markets on Chinese interest rate hike
Dow fell 28, decliners ahead of advancers 3-2 & NAZ dropped 12. The MLP index fell a fraction in the 357s, the REIT index rose a fraction to 221, junk bonds were mixed & the yield on the 10-year Treasury bond went up 3 basis points to 3.42%. The winter storm hitting the east coast is going to hurt sales badly on what should be a big day for retailers. China is tightening on worries about higher inflation but gold is only up a tad. Oil is down 80¢ on storm news but remains above $80. Trading is very light for obvious reasons but between the storm & Chinese financial moves, this looks to be a negative week for the markets.
Alerian MLP Index -- 2 weeks
Dow Jones Industrials -- 2 week
Alerian MLP Index -- 2 weeks
Dow Jones Industrials -- 2 week
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