Since the start of 2024, the S&P 500 has never once closed below its 200-day moving average, according to Bespoke Investment Group. Barring a sharp selloff between now and the end of the year, this would be only the 12th time since 1952 that this has happened.

Some of the biggest winners were mega-cap tech stocks, with Tesla up by 6% while Broadcom, Netflix, and Amazon each gained about 2%.

US stocks looked set for a mostly muted open to a final, shortened trading session before the Christmas holiday,

Stocks are broadly higher in trading on Wall Street, led by gains in Big Tech stocks. The S&P 500 was up 0.7% Tuesday.

Wall Street's main indexes all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a truncated Christmas Eve session. Both the Dow Jones Industrial Average and Nasdaq Composite scored four straight sessions of gains,

Technology stocks led a broad rally on Wall Street during a holiday-shortened trading session the day before Christmas.

U.S. stock indexes edged higher in morning trading Tuesday, as gains for some Big Tech stocks made up for weakness elsewhere in the market.

Both the Dow Jones Industrial Average and Nasdaq scored four straight sessions of gains, with the S&P 500 taking its winning streak to three sessions. Lisa Bernhard has more.

With few major catalysts, thin trading volumes expected in the final days of the year raised the prospect of choppy trading. Stock markets will shut at 1:00 p.m. ET on Tuesday and will be closed for Christmas on Wednesday.