India, Nov. 30 -- U.S. stocks climbed on Friday in thin trading volume during a shortened session after Thanksgiving, driven by gains in retail and a recovery in tech stocks. Expectations for a Federal Reserve rate cut in December strengthened throughout the week, helping underpin sentiment across equity markets.

The Dow Jones Industrial Average DJI rose 0.61%, to 47,716.42 points, the S&P 500 SFX gained 0.54%, to 6,849.09 points and the Nasdaq Composite IXIC added 0.65%, to 23,365.69. All of the major S&P 500 sectors were up except healthcare, with pharmaceutical Eli Lilly LLYN down 2.6%. Intel INTCO helped lead the S&P 500 with a 10.2% gain after a TF International Securities analyst said the company would begin shipping Apple's AAPLO ...