Dollar strongest in 13 years; bond yields rise

A growing perception that the economic policies of U.S. President-elect Donald Trump will lift consumer prices pushed the dollar higher. On Wall Street, the tech- and biotech-heavy Nasdaq Composite hit a record intraday high before slipping lower. "The economy does still have to catch up to valuation, considering yields are higher and they're continuing to rise." The Dow Jones industrial average fell 35.89 points, or 0.19 percent, to 18,867.93, the S&P 500 lost 5.22 points, or 0.24 percent,