Mumbai, Nov. 26 -- The Dow jumped 664.18 points (1.4%) to 47,112.45, the S&P 500 advanced 60.76 points or 0.9% to 6,765.88 and the Nasdaq climbed 153.59 points (0.7%) to 23,025.59.

U.S. stocks extended their winning streak, with major indexes posting gains for a third straight session as easing rate fears lifted sentiment. The upbeat tone on Wall Street came after dovish remarks from Federal Reserve officials and softer economic data, hinting at a slowdown that could support rate cuts.

Weaker retail sales and stable producer prices suggested cooling demand, while a sharp drop in consumer confidence added to expectations of policy easing. According to CME Group, its FedWatch Tool now shows an 82.7% probability of another quarter-point ra...