Split Decision

It was a split day on Wall Street, with the Dow dipping about 13 points, while the NASDAQ picked up almost 1%. The S&P 500 headed into record territory. China announced plans to hand over $3 billion (that's with a B!) to a private equity group. Seems China wants higher returns than those garnered by the long-term Treasury market. Could this be the beginning of the reshaping of the yield curve? GE is selling off a portion of its business to a Saudi group. I think it must be fruitbasket turn over! DJIA -13.65 NASDAQ +20.34 S&P 500 +2.35