Dow, S&P 500 post best day in nearly 2 weeks on Tuesday

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U.S. stocks finished higher Tuesday, shaking off back-to-back losses, in a shorter holiday week for Thanksgiving. The Dow Jones Industrial Average DJIA, +1.18% climbed about 397 points, or 1.2%, ending near 34,098, while the S&P 500 index SPX, +1.36% gained 1.4%. It marked the highest daily percentage gain for both equity indexes since Nov. 10, according to FactSet data. The Nasdaq Composite Index COMP, +1.36% rose 1.4%. Investors have been keeping a wary eye on low trading volumes, a common trend in the shortened holiday week of Thanksgiving. China’s return to strict lockdowns in response to rising COVID cases also has been on radar of investors. Wednesday brings a raft of economic data and minutes of the Fed’s November policy meeting, which will be closely digested by investors ahead of the Thanksgiving break.

This article was originally published by Marketwatch.com. Read the original article here.

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