The Dow logged its third-straight loss as stocks fell across the board Wednesday after the 10-year Treasury yield hit a five-week high following better-than-expected economic data in the U.S. Specifically, retail sales rose 0.6% in November, hinting at consumers' resilience and casting doubt regarding the Federal Reserve's anticipated aggressive rate cuts. 

INTEREST RATE FEARS SEND GOLD PRICES TO 1-MONTH LOWS

Oil prices gained Wednesday, even after the U.S. dollar stood near a one-month high and anxieties heightened over energy demand outlook. For the session, West Texas Intermediate (WTI) crude for the February contract added 16 cents, or 0.2%, to finish at $72.56 per barrel.

Dimming hopes of interest rate cuts sent gold prices to over one-month lows. February-dated gold lost $23.70, or 1.2%, to close at $2,006.50 per ounce today. 

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