Stocks Extend Gains into Thanksgiving, Nvidia Falls; Dow Closes Higher

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Source: Yahoo Finance
Stocks Extend Gains into Thanksgiving, Nvidia Falls; Dow Closes Higher
Photo: Yahoo Finance
TL;DR Summary

Stocks extended their gains ahead of the Thanksgiving holiday, with the Nasdaq and S&P 500 rising around 0.4% and the Dow Jones Industrial Average up 0.5%. Nvidia's earnings beat expectations, but concerns over US curbs on chip exports to China caused the stock to slip over 2%. Oil prices sank over 4% as OPEC+ delayed a meeting to discuss output. OpenAI announced that Sam Altman will return as CEO, a move seen as a win for Microsoft. Disney hopes to reverse its box office slump with the release of its new animated film "Wish." Consumer sentiment fell for the fourth straight month, and Altman's return to OpenAI is seen as a positive outcome for Microsoft.

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