U.S. stocks rose a fifth day, sending the Dow Jones Industrial Average past 18,000 for the first time, while Treasuries fell as data showed the economy grew at the fastest pace in a decade. European equities extended a rally, the ruble advanced and oil climbed.

The Standard & Poor’s 500 climbed 0.4 per cent to a record at 9:30 a.m in New York, while the Dow average added 46.72 points to 18,006.16. The Stoxx Europe 600 Index increased 0.5 per cent,  heading for its sixth gain in longest winning streak since April. The yield on 10-year Treasury notes added four basis points to 2.19 per cent. The Bloomberg Dollar Spot Index held near a five-year high, while the ruble strengthened 2.3 per cent as oil advanced. Greek bonds fell as the nation failed to elect a president… CLICK HERE to read the complete article