The U.S. stock market is closed today, Thursday, November 27, 2025, in observance of the Thanksgiving holiday. The provided market data reflects the trading session from Wednesday, November 26, 2025. On Wednesday, the Dow Jones Industrial Average (^DJI) was up 314.67 (0.67%) points, reaching 47427.12. Dow Futures (YM=F) was down 1.00 (-0.0021%) points, trading at 47489.00.
The strong performance on Wednesday was primarily driven by growing expectations of an interest rate cut by the U.S. Federal Reserve in December. This sentiment, coupled with a broad market rally, contributed to the positive momentum across various sectors. Analysts noted that the odds of a 25-basis-point reduction have risen following dovish remarks from several Fed officials, adding that recent data also gives the central bank room to ease policy further.
On Wednesday, several Dow components saw significant gains. Boeing (BA) led the advance, surging 2.46% to $186.92. Other notable gainers included Walmart (WMT), which rose 2.07% to $109.10, and Microsoft (MSFT), up 2.04% to $485.50. Financial giants Goldman Sachs (GS) and JPMorgan Chase (JPM) also performed strongly, increasing 1.71% to $816.01 and 1.64% to $307.64, respectively. Conversely, Salesforce (CRM) was the biggest decliner, falling 2.51% to $228.15. Other significant losers included Merck & Co. (MRK), down 0.73% to $104.63, 3M Co. (MMM) and Honeywell International (HON) both decreased 0.43% to $170.80 and $189.99 respectively, and IBM (IBM) dropped 0.41% to $303.21.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.