U.S. stocks ticked higher in holiday-thinned trading as investors looked ahead to January and a promised trade breakthrough between the world’s biggest economies. Gold advanced and the dollar drifted lower with Treasuries. Amazon.com Inc. and other consumer companies led gains on the S&P 500 Index amid reports signaling robust shopping ahead of the Christmas holiday. 10-year Treasury yields edged above 1.9 percent while the dollar slipped versus major peers as U.S. jobless claims data came in close to expectations. “The consumer continues to be shown as the supporting pillar,” said Tim Courtney, chief investment officer at Exencial Wealth Advisors.

Source: The Guardian December 26, 2019 16:41 UTC