Dow closes nearly 200 points higher Wednesday as markets head into Thanksgiving

Stocks closed higher Wednesday.

The $Dow Jones Industrial Average(.DJI.US)$ gained about 184.74 points, or 0.53%, to 35,273.03. The $S&P 500 Index(.SPX.US)$ climbed 0.41% to 4,556.62. The $Nasdaq Composite Index(.IXIC.US)$ advanced 0.46% to 14,265.86.

More than half of the stocks trading on the New York Stock Exchange were up Wednesday, indicating widening breadth for the market rally. The tech-heavy Nasdaq also saw greater participation, with 62.9% of the stocks in the index rising. Small and mid-caps outperformed Wednesday, rising 0.7% and 0.6%, respectively.

Meanwhile, the energy sector lost 0.1% Wednesday after OPEC delayed a meeting on production cuts originally scheduled for the weekend. Marathon Oil, EOG Resources and Devon Energy all closed lower.

The yield on the 10-year Treasury briefly fell to 4.369% Wednesday morning, the lowest level since Sep. 22. It later recovered and was last little changed at 4.41%. This also marks a significant drop for 10-year yield after it crossed the 5% mark in October for the first time in 16 years.

Reminder The Stock Market Will Be Closed On Thanksgiving Day And Only Open Until 1pm On Friday $SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$

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efficentupup

True and timely

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