market investors: Read When do markets close for Thanksgiving What are major indexes doing The Dow Jones Industrial Average DJIA, 0.15% closed up 42.32 points or 0.15% at 28,164.00 for a record, while the S&P 500 SPX, 0.42% gained 13.11 points or 0.42% to 3,153.63 and the Nasdaq COMP, 0.66% ended up 57.24 points or 0.66% at 8,705.18, according to Market Watch. Each of the three major indexes closed at a record. U.S. financial markets will be closed Thursday for Thanksgiving Day and will have an abbreviated trading schedule on Friday. The small-cap Russell 2000 RUT, 0.61% rose 0.6% to end at 1,634.10, hitting a 52-week high. Check out What a small-cap breakout' means for the broader stock market heading into 2020 What drove the market Investors waded through a heavy round of U.S. economic data Wednesday, including a revised estimate of third-quarter GDP that showed the U.S. economy expanded at a 2.1% annual pace versus a previous estimate of 1.9%. The number of people who applied for first-time unemployment benefits fell sharply in the week before Thanksgiving, putting claims back near historic lows. The index's breakout this week has cheered stock-market bulls, who argued it clears the way for broader stock market gains as well as small-cap outperformance.
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