Yes. The New York Stock Exchange and Nasdaq will both operate on half-day schedules, closing at 1 p.m., while bond markets will shut down at 2 p.m., and major U.S. financial markets will stay closed until Thursday’s normal trading session.

Tech giants like Broadcom and Advanced Micro Devices continued to power gains on Wall Street in Tuesday’s traditionally truncated session. News the Biden administration had launched a probe into Chinese-made chips—a probe that may continue under Donald Trump—likely helped buttress US tech stocks as the S&P 500 closed up more than 1%.

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,