Closing Bell: Stocks Rise Ahead of Thanksgiving

PUBLISHED 26 Nov 2025 | 2 min read

Thomas White

Co-Host

Stocks rose on Wednesday, allowing the major averages to log their fourth straight day of gains ahead of the Thanksgiving holiday. The S&P 500 (SPX) was up 0.69% while the Nasdaq-100 (NDX) rose 0.87%. The Dow Industrials Index ($DJI) was up 315 points or 0.67% on Wednesday while the small-cap RUT rallied 0.82%.The S&P 500, Nasdaq and the Dow are pacing for their best weeks since late June.

The broader market’s gains were bolstered by artificial intelligence player Oracle (ORCL), which jumped 4% after Deutsche Bank reaffirmed its bullish stance on the name. Nvidia (NVDA) shares moved up 1.3%, recovering from a recent pullback, while fellow “Magnificent Seven” member Microsoft (MSFT) traded almost 2% higher.
Bitcoin Futures (/BTC) rallied 2.8% and are now back near the 90K level after trading near 80K on Friday. This helped push up Coinbase (COIN) shares by over 4%.

Alphabet (GOOGL) shares paused its recent rally and was down 1.08% on Wednesday. The stock is still up 6.8% this week on the back of positive sentiment around its Gemini 3 release and potential deals for its TPU chips from Meta Platforms (META).

Featured Clips

Wednesday's Final Takeaways: Shopping, Turkey, Thanksgiving Holiday

Market On Close

► Play video

This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any decisions.

Schwab Network is brought to you by Charles Schwab Media Productions Company (“CSMPC”). CSMPC is a subsidiary of The Charles Schwab Corporation and is not a financial advisor, registered investment advisor, broker-dealer, or futures commission merchant.

Charles Schwab Media Productions Company and all third parties mentioned are separate and unaffiliated, and are not responsible for one another's policies, services or opinions.

Data contained herein is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. All events and times listed are subject to change without notice.