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S&P 500 and Nasdaq Close Higher; Jobless Claims Beat Expectations
11/26/2025, 21:06
AI SUMMARY
●• S&P 500 gains 0.7% and Nasdaq rises 0.9% at market close
●• U.S. jobless claims of 216k come in stronger than the expected 225k
●• Major equities including Broadcom and Walmart hit new 52-week highs
U.S. equity markets posted gains, with the S&P 500 closing up 0.7% and the Nasdaq gaining 0.9%. Several major stocks, including Broadcom, Walmart, and Eli Lilly, reached new 52-week highs during the session, signaling continued appetite for risk assets.
On the macro front, U.S. initial jobless claims came in at 216,000, stronger than the forecasted 225,000. The data initially triggered dollar buying, though currency markets subsequently retraced those moves as volatility remained contained.