Market Snapshot: Dow closes at 3-month high as stocks bounce back ahead of Thanksgiving holiday

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U.S. stock indexes ended higher Wednesday as investors digested a batch of economic data including October durable-goods orders and consumer-sentiment index ahead of the Thanksgiving holiday.

How stocks traded

Stocks fell modestly on Tuesday, with the S&P 500 snapping a five-day winning streak. The large-cap benchmark is up more than 8% so far in November.

What drove markets

Stocks…

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