Stock Futures Rise Ahead of Thanksgiving Holiday

Stock futures pointed higher Wednesday, building off two days of sharp gains to begin the holiday-shortened week. Stock and bond markets will be closed tomorrow for Thanksgiving, and will be closing early on Friday.

Futures associated with the tech-heavy Nasdaq benchmark S&P 500 and blue-chip Dow Jones industrial Average were up a respective 0.2%, 0.2%, and 0.1%.

Through the first two trading days of the holiday-shortened week, the Nasdaq gained 3.4%, while the S&P 500 and Dow were up 2.5% and 1.9%, respectively. yesterday the Dow lead the charge, advancing 1.4%, or 663 points.

Even though the major indexes rose sharply yesterday, Nvidia (NVDA) and other semiconductor shares fell on a report Meta Platforms (META) may use Google’s AI chips in it’s data centers. Nvidia stock