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Lights marking the entrance to a subway station frame the New York Stock Exchange in New York's Financial District on Monday, Dec. 23, 2024. (AP Photo/Peter Morgan)

Stock market today: Wall Street rallies ahead of Christmas

Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks

By ALEX VEIGA
Published - Dec 24, 2024, 02:42 PM ET
Last Updated - Dec 24, 2024, 02:42 PM EST

Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas.

The S&P 500 rose 1.1% for its third-straight gain. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq composite climbed 1.3%.

While Big Tech companies, including Apple, Amazon and chip company Broadcom helped push the market higher, the gains were widespread.

Advancers outnumbered decliners by more than 3-to-1 on the New York Stock Exchange.

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