Tech was the story to start December, with the Nasdaq nabbing a record close and sixth win in the last seven sessions. The S&P 500 followed suit with a record close of its own, and has now rattled off nine wins in the last 10 trading days. The Dow sat out today’s rally, shrugging off that improved month-over-month but remains in contraction. Against this backdrop, the Cboe Volatility Index (VIX), Wall Street’s “fear gauge,” logged its lowest close since July 16. 
GOLD NABS ANOTHER RECORD HIGH
Oil prices were flat today, as demand remains high in China after the latest manufacturing data. For the session, January-dated West Texas Intermediate (WTI) crude rose 10 cents, or under 0.2%, to settle at $68.10 per barrel.Gold prices hit record highs today, continuing their unprecedented run against rising bond yields. For the session, gold for December delivery added 0.8% to settle at $2,658 an ounce.More By This Author:
Tech Powers Nasdaq, S&P 500 To Record Closes
