Upbeat Consumer Spending Lifts Markets To Higher Close

Upbeat consumer spending boosted the markets to close higher with the Dow setting another record. The blue chip index soared 52 points to 12,674 while Nasdaq added 4 points to 2468. S&P 500 rose 8 points to 1446. The 30-year bond eased as the yield inched up to 4.933%.