Stock market today: Dow, S&P 500, Nasdaq rise as Wall Street looks to keep rallying into Thanksgiving

Market Performance - US stocks experienced an upward movement, with the Dow Jones Industrial Average increasing by 0.3%, the S&P 500 rising nearly 0.5%, and the Nasdaq Composite adding over 0.6% [1] - The market is on track for its fourth consecutive advance, driven by strong performance from technology stocks, particularly Alphabet, which reached a record high [2] Federal Reserve Insights - Investors are closely monitoring indicators that may influence the Federal Reserve's upcoming policy decisions, especially in light of a data drought caused by the US government shutdown [3] - The Federal Reserve's Beige Book, released on Wednesday, is expected to provide insights into regional economic performance, consumer spending, and the labor market ahead of the Fed's meeting in two weeks [3] Interest Rate Expectations - Markets are pricing in an over 80% probability of a quarter-point rate cut in December, following disappointing September readings on retail sales and wholesale inflation [4] - Initial jobless claims fell unexpectedly to their lowest level since April, as reported by the Department of Labor [4] Corporate Earnings - Earnings reports peaked on Tuesday, with major retailers exceeding expectations, while Deere & Company saw its shares decline after providing a disappointing full-year outlook [6]