US Stock Markets End on a High Note Ahead of Holiday Break

The major stock market indices in the United States concluded the shortened trading day on Tuesday with notable gains, setting a positive tone as the markets prepare to reopen on Thursday, December 26, following the holiday break. The upward trajectory was largely influenced by advancements in the tech sector, following President Joe Biden's decision to investigate "China's unfair trade practices" in the semiconductor industry.

The Dow Jones Industrial Average saw an increase of 0.91%, while the Nasdaq 100 surged by 1.37%. Similarly, the S&P 500 index recorded a rise of 1.11%. Meanwhile, the euro experienced a slight decline, dropping 0.14% against the dollar, trading at $1.03911 at 12:58 pm ET.

As the holiday season unfolds, investors remain optimistic, anticipating further developments in the coming days.