Dow Nabs New Record With 5th-straight Triple-Digit Pop

Stocks continued their climb today, with all three major indexes notching their sixth-straight win thanks to the latest retail sales data. Bond yields took a tumble as investors cheered next year's potential rate cuts, with the 10-year Treasury yield breaching 4% for the first time since August. The Dow once again closed at all-time highs for a fifth-straight triple-digit pop, while all three major indexes shrugged off brief midday pivots into negative territory.

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OIL, GOLD SHARPLY HIGHER

Oil futures rose for the second straight day, with West Texas Intermediate (WTI) crude for January delivery adding $2.11, or 3%, to settle at $71.58 a barrel.

Gold prices rose sharply as well, as a weakened U.S. dollar provided support for the safe-haven asset. February-dated gold futures climbed $47.60, or 2.4%, to settle at $2,044.90 an ounce -- the largest daily percentage gain since October. 


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