Market Snapshot: Dow futures hold near 2-month highs amid optimism Fed is finished raising rates

U.S. stock futures held at two-month highs as Thanksgiving week began.

What’s happening

U.S. stocks closed higher Friday, with the Dow DJIA, S&P 500 SPX and Nasdaq Composite COMP each rising for a third straight week. The S&P 500 surged 9.6% over the past three weeks, its largest three-week percentage gain since June 2020, according to Dow Jones Market Data.

What’s driving markets


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