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Stocks rise at Wall Street’s open, ahead of abbreviated day

| December 24, 2020 7:06 AM

NEW YORK (AP) — U.S. stocks are ticking higher at the start of trading on Thursday. The S&P 500 was up 0.2% after the first few minutes, led by tech stocks. Trading will end early in the afternoon, with Wall Street closing shop at 1 p.m. Eastern time. Markets will also be closed Friday for Christmas, and Thursday’s holiday-shortened session will likely have low trading volumes. Stock markets are also muted in Europe, while Asian indexes were mostly higher. The S&P 500 is on track for a slight drop for the week. It’s been mostly dipping since setting a record last week.

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