Carlo Allegri/Reuters
- US stocks climbed on Wednesday as Wall Street headed into the Thanksgiving holiday break.
- Oil prices and weekly jobless claims dropped, and shares of Nvidia after it reported earnings.
- Bond yields edged up after a consumer survey showed higher inflation expectations.
US stocks climbed on Wednesday as Wall Street eyed the Thanksgiving holiday break amid fresh economic and earnings reports.
Weekly jobless claims dropped by 24,000 compared to the prior week to 209,000. Meanwhile, the final reading of University of Michigan consumer sentiment survey showed that year-ahead expectations for inflation ticked up to 4.5% from a prior reading of 4.4%.