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.

Many Wall Street bears have retreated in the face of this year's blistering stock rally. The few that remain see a steep correction on the horizon.

Wall Street is making history in more ways than one. This has been nothing short of a banner year for Wall Street. Whereas the stock market has historically delivered average annual gains of around 10%,

Major stock indexes rose on Wall Street in afternoon trading Monday, after a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average recovered from an early slide to gain 29 points,

The S&P 500 climbed 0.7% in morning trading after erasing an initial drop. The Dow Jones Industrial Average was up 311 points, or 0.7%, as of 10:40 a.m. Eastern time, while the Nasdaq composite gained 0.7%.

Wall Street pointed toward gains early as markets try to claw back losses from a rare bumpy week. Futures for the S&P 500 gained 0.4% before the bell Friday, while futures for the Dow Jones Industrial Average rose less than 0.

Asian markets were mixed on Tuesday after stocks in Wall Street shook off a choppy start to finish higher the previous day as it kicked off a holiday-shortened week. U.S. futures were little changed and oil prices rose.