Interest rates spiked late in the week and pressured income-oriented stocks, but midstream overall came through fine. The sector overall was positive, mostly due to U.S. midstream corporations and big MLPs, while Canada and smaller MLPs lagged a bit. Energy stocks had a strong bid in the market this week, which helped.
Oil prices were a tailwind for midstream sentiment. Equity markets were active for midstream again, and there was another midstream takeout at a premium, even if the premium was gone by the end of the week.