Dow inched up 4, decliners ahead of advancers 4-3 & NAZ & slipped pocket change. The Financial Index lost 1 to 215. The MLP index was flattish at 403 but the REIT index was of 2+ to the 271s. Junk bond funds edged higher while Treasuries found some buying after recent selling. Oil fell to the 95s & gold was about even.
![Live 24 hours gold chart [Kitco Inc.]](http://www.kitco.com/images/live/gold.gif)
Markets meandered not knowing what to do next as the bulls lost their grip. Oil is high, but that situation is fuzzy with many cross currents. Stock markets have a lot on their minds. Dow is above 13.K which makes the bulls happy but it will need stimulus to go higher & for the moment, that is lacking. There are an abundance of problems around the world holding the markets back.
AMJ (Alerian MLP Index tracking fund)
Treasry yields:
U.S. 3-month |
0.096% | |
U.S. 2-year |
0.254% | |
U.S. 10-year |
1.803% |
| CLV12.NYM | Crude Oil Oct 12 | 95.38 |  1.24 (1.28%) |
Get the latest market update below:
Markets meandered not knowing what to do next as the bulls lost their grip. Oil is high, but that situation is fuzzy with many cross currents. Stock markets have a lot on their minds. Dow is above 13.K which makes the bulls happy but it will need stimulus to go higher & for the moment, that is lacking. There are an abundance of problems around the world holding the markets back.
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