Wall Street's main indexes opened flat to slightly higher in Tuesday's shortened trading session, with U.S. stocks entering a historically strong period before rounding off their second consecutive year of gains.

The S&P 500 posted two new 52-week highs and one new low, while the Nasdaq Composite recorded 26 new highs and 43 new lows.

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

Wall Street's main indexes all ended higher on Monday, with both the Dow Jones Industrial Average and the Nasdaq Composite making it three straight wins, aided by gains by many of the so-called Magnificent Seven tech stocks on a holiday-thinned trading day.

Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain. The tech-heavy Nasdaq composite rose 1%.

The Santa Claus Rally period starts Tuesday, with stocks rising an average of 1.3%. The Grinch might spoil our bullish holiday season, but the odds favor Santa's arrival.

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,

Israeli companies listed on US exchanges have certainly not missed out. Twelve of them have more than doubled their market caps this year. On the other hand, several have lost value substantially.The US market has been officially bullish (up 20% or more from a low) since the middle of 2023.