Power Breakfast: Wall Street Inches Higher As Consumer Confidence Improves In December

There was a rebound in US Market on Friday. Dow closed up 175 points. Consumer sentiment data was better than expected. The Personal Consumption Expenditure index was higher than expected. Bond yield rose above 3.75%. Tesla's stock closed down 2%. Alphabet climbed 1%. Crude got support from Russia's threat to reduce oil production. Brent crude reached near $84.