Stocks and Oil Prices Inch Up as Investors Evaluate Market Trends
• Stocks edge higher as investors assess if November rally is overextended; Dow gains 0.4%, S&P 500 and Nasdaq up 0.2%
• Oil prices rise with Brent crude above $82 per barrel and WTI above $76 as dollar weakens
• Treasury yields drop after Fed’s Waller says rates may be at right level, 10-year yield trades near 4.34%
• Consumer confidence index increases to 102.0 in November from 99.1, but remains below levels signaling likely recession
• On Cyber Monday, online sales hit record $12.4 billion, up 9.6% year-over-year with $15.7 million spent per minute late night