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The market could be looking to end this challenging month on a high note, with all three major indexes notching their fourth-straight daily win ahead of the Thanksgiving holiday. The Dow tacked on 314 points (a total of 1,674 points in the last four sessions) as it heads for its best week in months alongside the S&P 500 and Nasdaq. Rate-cut optimism and tech gains remain front and center, while retail stocks are seeing a surge ahead of Black Friday. Trading will resume for a shortened session on Friday, with the market closing at 1 p.m. ET.
Continue reading for more on today's market, including:
Oil prices rose as investors kept eyes the potential Ukraine-Russia peace deal. January-dated West Texas Intermediate (WTI) crude added 70 cents, or 1.21%, to settle at $58.65.
Gold prices hit a one-week high earlier in the session before paring gains, with December-dated gold futures settling up 0.5% to $4,160.10 per ounce.
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