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Kiplinger
Kiplinger
Business
Karee Venema

Dow Gains 664 Points as Rate-Cut Hopes Rise: Stock Market Today

(Image credit: Getty Images)

Stocks were volatile Tuesday, as volume thinned out ahead of Thanksgiving. As a reminder, the stock and bond markets are closed on Thursday for the holiday and will close early on Black Friday. Today, tech stocks remained in focus as AI bubble worries lingered, while several retailers rallied thanks to upbeat earnings reports.

After tumbling to notable losses in mid-morning trading, the blue-chip Dow Jones Industrial Average closed up 1.4% at 47,112, the broader S&P 500 added 0.9% to 6,765, and the tech-heavy Nasdaq Composite gained 0.7% to 23,025.

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