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Slight Gains Leave Stocks at Record Highs

US markets are closed Thursday
By Newser Editors and Wire Services
Posted Nov 27, 2019 3:03 PM CST
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In this Oct. 7, 2019 file photo, Trader Gregory Rowe, left, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks moved broadly higher on Wall Street, marking more record highs on a holiday-shortened week, the AP reports. Optimism on trade talks between the US and China as well as encouraging reports on the economy kept the market chugging higher Wednesday. Technology stocks and companies that rely on consumer spending posted some of the biggest gains. Autodesk jumped 5.5% and Under Armour rose 6.2%. Deere slumped 4.3% after issuing a weak forecast. US markets will be closed Thursday for Thanksgiving. They'll be open for a half day on Friday. The S&P 500 rose 13 points, or 0.4%, to 3,153. The Dow Jones Industrial Average added 42 points, or 0.2%, to 28,164. The Nasdaq rose 57 points, or 0.7%, to 8,705. (Read more stock market stories.)

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