U.S. stock futures hover near the flat line as investors await a heavy batch of pre-Thanksgiving data. November’s meeting minutes due at 2 p.m. Eastern, will be watched closely for clues as to how high the fed-funds rate needs to go and how long it will stay there in order to bring inflation under control. Kansas City Federal Reserve President Esther George said significant household savings could heighten the need to keep interest rates elevated and consumer spending under control, according to Bloomberg. The Dow Jones Industrial Average closed up 1.18% on Tuesday, with the S&P 500 gaining 1.2%, to close at 34,098.10, the Nasdaq Composite gaining 2.22%. . . .
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