April 25, 2018
Stocks were mixed with the Dow posting a 0.3 percent gain to 24,083 in a directionless session light on news. Money continues to back out of the Treasury market as the 10-year yield rose 4 basis points and is over 3.0 percent at 3.03 percent. Higher yields are a positive for the dollar which gained 0.5 percent on the dollar index to 91.21. A build in weekly inventories couldn't hold back West Texas Intermediate which rose slightly and is back testing resistance at $68.