Lackluster Day on Wall Street

Today was a slow day in equity markets as there was no economic reporting and despite being the in the corporate earnings reporting season, there no developments there either.  We would see continued progress this week, however, as the Treasury is set to auction $99 billion in new issues this week.  Remember that the deficit limit was just "kicked down the road" a couple months as Congress made its pre-Christmas compromise.  In a mixed market the Dow was down 11 and the NASDAQ down 2 as the S&P 500 was up fractionally.