REUTERS/Nick Oxford
- US stocks rose on Wednesday ahead of the Thanksgiving holiday.
- Investors were assessing jobless claims, which were the lowest in five weeks.
- Bond yields edged lower, with the 10-year Treasury slipping three basis points.
US stocks rose on Wednesday as investors prepared to wind down trading for the Thanksgiving holiday.
Traders were assessing weekly jobless claims, which dropped by 24,000 compared to the prior week to 209,000. The previous week's figure had been the highest since August.
Stocks in the prior session ended a streak of gains after minutes from the Federal Reserve's last policy meeting showed the central bank maintaining a hawkish stance on monetary policy.