Stock market today: Stocks edge higher on Wall Street in muted trading

Stocks edged higher on Wall Street in what’s expected to be another quiet day between the Christmas and New Year holidays. The S&P 500 rose 0.2% in early trading Thursday. The Dow Jones Industrial Average rose 63 points, or 0.2% and the technology-heavy Nasdaq rose 0.1%. Markets have held on to slight gains for the week so far, and the S&P 500 is hovering just below its all-time high set in January of 2022. The benchmark index is coming off its eighth straight winning week and is is up more than 24% for the year. 

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. 

Futures for the S&P 500 were virtually unchanged before the bell Thursday, while futures for the Dow Jones Industrial Average lost 0.1%. The tech-heavy Nasdaq rose nearly 0.3%. 

Trading has been subdued in the last trading week of the year. The S&P 500 is coming off its eighth straight winning week and is hovering just below its all-time high set in January of 2022.