Good evening.
Stocks sit near records, the most expensive Thanksgiving in history, and a piece of digital land sells for $2.43 million.
Let’s dive in.
Markets
Here are today’s market moves:
What Happened?
U.S. stocks climbed on Wednesday as weekly jobless claims fell to the lowest level in 52 years.
The stock market is closed tomorrow for Thanksgiving and open for half the day on Friday.
Overall, things look good. The major stock market indexes are sitting near record highs.
Investors believe the momentum can continue through the end of the year as the economic recovery continues.
The crypto market fell on Wednesday, with Bitcoin trading near $57,000. Some analysts expect volatility as November comes to a close.
Catch Up
The cost of Thanksgiving dinner is up 14% from a year ago, making it the most expensive on record.
A plot of digital land in the metaverse sold for a record $2.43 million, more than most homes in NYC.
Elon Musk sold another $1 billion in Tesla shares on Tuesday.