Wall Street’s end-of-the-year rally is still going strong, with outperforming energy stocks taking their turn today to lift investor sentiment. The Dow and Nasdaq scored their ninth-straight wins, the former nabbing its fifth-straight record close thanks to a 252-point pop, while the S&P 500 moved closer to its Jan. 2022 record highs. Elsewhere, the 10-year Treasury yield dropped to its lowest level since July, after the Bank of Japan (BoJ) kept its negative interest rate unchanged.
COMMODITIES JOIN IN ON THE FUN
Oil prices rose for the second day, amid attacks on shipping routes in the Red Sea. West Texas Intermediate (WTI) crude for January delivery rose 97 cents, or 1.3%, to settle at $73.44 a barrel.Gold prices are on the rise again. February-dated gold futures are up $12.40, or 0.6%, at $2,052.90 per ounce at last look. More By This Author:Dow Up Triple Digits; S&P 500 Near Record HighDow Ekes Out 8 Straight With Another Record CloseDow, Nasdaq On Track For 8th-Straight Win
