Can MLPs Build on Last Week’s Gains?
MLPs recovered slightly in the week ending July 6 after sluggishness in the previous two weeks. The Alerian MLP Index (^AMZ), which includes 50 energy MLPs, rose 0.4% last week and ended at 263.9. Out of the total 94 MLPs, 57 ended in the green, three remained unchanged, and 34 ended in the red last week.