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Dow jumps 400 points to new record close, Russell 2000 hits all-time high after Trump makes Treasury pick

The article from NBC New York discusses the current state of the U.S. stock market as it anticipates a shortened trading week due to the upcoming Thanksgiving holiday. Stock futures remained largely unchanged on Sunday night, reflecting a cautious approach by investors ahead of significant economic reports and the holiday. The market is coming off a week where major indices like the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all saw gains, driven by positive economic indicators such as a drop in the producer price index and a lower-than-expected consumer price index, suggesting a cooling in inflation. Investors are now looking forward to key economic data releases including retail sales, industrial production, and housing starts, which could influence the Federal Reserve's future interest rate decisions. Additionally, the market's reaction to these economic indicators will be closely watched, especially with the backdrop of recent geopolitical tensions and the ongoing debate over the U.S. debt ceiling.

Read the Full NBC New York Article at [ https://www.nbcnewyork.com/news/business/money-report/stock-futures-are-flat-sunday-ahead-of-shortened-trading-week-live-updates/6014344/ ]