Trading activity remained light on Wall Street following the Thanksgiving break, but major benchmarks advanced with broad support from AI-exposed names and improving risk sentiment. The Dow closed at 47,716, up 0.61% , while the S&P 500 climbed 0.54% to 6,849. Investors monitored the growing probability of a Federal Reserve rate cut at the December 9–10 meeting, with market-implied odds exceeding 80%.