Closing Bell

U.S. stocks rallied on Tuesday, with the Dow closing 50 points shy of 11k. In our opinion it looks like the search for yield is flowing into equities (for now). The Dow was lifted by all but one component. The COMP added 55 points to 2,400.
For every stock falling, almost five rose on the New York Stock Exchange, where more than 1.2 billion shares traded. Commodities also rallied, with crude-oil futures closing at a five-month high, rising $1.35. Gold futures ended at yet another record high of $1,340 an ounce.