- Stocks continued their Santa Claus rally, with the Dow cruising to its 49th closing high this year and the S&P its 43rd - the most record closes for their respective indexes in a year since 1995.
- The path of least resistance was higher as the only real news in today's holiday-shortened session focused on two upbeat data reports: durable good orders jumped 3.5% last month vs. an expected 2% rise, and new home sales beat expectations and the prior month was revised upward.
- With nearly another hour to go, Treasury prices are lower, with the yield on the benchmark 10-year note up 5 bps to 2.982%.
Stocks rise again in holiday-shortened session, 10-year Treasurys near 3%
Dec 24 2013, 13:10 ET