The Dow hits a new all-time high as retail names jump and oil stabilizes. Catch The Final Round with Jen Rogers, markets correspondent Nicole Sinclair and Dan Dicker, president of MercBloc.

Winners and losers

Stocks missing out on the rally today include Shake Shack, as the burger chain cooled off after reporting slower sales growth; biotech firm Amarin on a secondary offering, and Valeant. There’s more trouble for the drug maker as the Wall Street Journal reports the Department of Justice is investigating whether it defrauded insurers due to its close relationship to the mail order pharmacy Philidor.

Stocks on the move higher include Chili’s and Maggiano’s operator Brinker on upbeat guidance; Ocular Therapeutix as JMP Securities initiated coverage of the biotech company with a market outperform rating; and Alibaba, with shares climbing after the Chinese e-marketplace reported gross merchandise volume jumped 24%, with mobile users up 39% as well. As a disclosure, Yahoo Finance’s parent Yahoo owns a 15% stake in Alibaba.

Will golf strike gold in Rio?

Today in Rio, golf returned to the Olympics for the first time in 112 years. Its return is mired in controversy, but some see it as a crucial opportunity for the future of the sport. Joining The Final Round to discuss is Yahoo Finance writer Dan Roberts.

Looking ahead

• At 8:30 a.m. ET, the government releases an important report on the health of consumer, retail sales for July. The Street’s expecting the core reading—less autos and gas—to climb 0.3% month over month.

• Also at 8:30 ET, we’ll get producer prices for July. The core reading, which backs out volatile food and energy costs, is expected to rise 0.2% over June.

• And week one of the Olympics rolls on with swimmer Katie Ledecky expected to compete in the women’s 800-meter freestyle, while Michael Phelps goes for yet another gold as he’s expected to win in the 100-meter butterfly final. Also, Team USA men’s basketball tips off against Serbia, while the women’s team takes on Canada.