PANews reported on November 29th that, according to Cailian Press, US stocks closed three hours early due to the Thanksgiving holiday. The three major indices all closed higher for the fifth consecutive trading day: the Nasdaq rose 0.65%, the Dow Jones Industrial Average rose 0.61%, and the S&P 500 rose 0.54%. For the week, the Nasdaq has risen 4.91%, the Dow Jones Industrial Average has risen 3.18%, and the S&P 500 has risen 3.73%.
Most tech stocks rose, with Intel closing up 10%, its biggest one-day gain since September 18; Meta rose over 2%, while AMD, Amazon, Netflix, and Microsoft all rose over 1%. Blockchain concept stocks generally rose, with Circle (CRCL) up 10.04%; Coinbase (COIN) up 2.96%; and Strategy (MSTR) up 0.88%.
