Stocks Tick Higher as Dow Reaches New Record



Stocks moved higher on Tuesday, with the Dow Jones Industrial Average hitting another all-time high.

The 30-stock index gained 245.72 points, to 50,381.59, as financial stocks such as Goldman Sachs and American Express continued their winning streaks.

The S&P 500 index gained 7.22 points to 6,972.04.

The NASDAQ eased 3.37 points to 23,235.30.

The latest retail sales report showed that consumer spending in December was flat, missing the 0.4% monthly gain that economists polled by Dow Jones were expecting. The figure comes after a 0.6%

Prices for the 10-year Treasury gained ground, lowering yields to 4.15% from Monday’s 4.20%. Treasury prices and yields move in opposite directions.

Oil prices took on nine cents to $64.45 U.S. a barrel.

Gold prices erased $21.10. to $5,059.70 U.S. an