Market Snapshot: Dow logs record as cold snap lifts energy stocks, and rise in yields buoys banks

The Dow industrials eke out a record gain, but the other main equity benchmarks limp lower, as progress toward President Joe Biden’s $1.9 trillion coronavirus relief package and data showing falling COVID-19 cases, fails to help stocks definitively overcome a steady rise in government bond yields.

The Dow industrials eke out a record gain, but the other main equity benchmarks limp lower, as progress toward President Joe Biden’s $1.9 trillion coronavirus relief package and data showing falling COVID-19 cases, fails to help stocks definitively overcome a steady rise in government bond yields.