U.S. Stocks Rise, Treasuries Gain as Dollar Falls: Markets Wrap

Thin trading in American equities as S&P 500 little changed
Copper leads industrial metals higher; crude oil retreats

UBS Private Banking economist Dean Turner discusses the implications of the U.S. tax cuts for stock markets.Source: Bloomberg)

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By Randall Jensen and Jeremy Herron

December 26, 2017 at 10:49 PM UTC

Updated on

December 27, 2017 at 9:03 PM UTC

This article is for subscribers only.

U.S. stocks edged higher and Treasuries rose amid trading thinned by a holiday-shortened week. The dollar weakened against most peers.

The S&P 500 Index halted a two-day slump as data showed American consumers remain upbeat about the economy. Trading was almost 40 percent below the 30-day average. Stocks in Europe ended slightly higher following a mixed session in Asia. Ten-year Treasury yields headed for a fourth day of declines, while the dollar traded near month lows.