Record rally continues on Wall Street

NEW YORK (CNNMoney)

The Dow rose just about 25 points in early trading, and the S&P 500 and Nasdaq were also just barely higher.

But the gains were still enough to push the Dow and S&P 500 to fresh all-time highs, and the Nasdaq to a new 13-year high.

Stock markets in New York will close at 1 p.m. ET Tuesday, and markets will remain closed Wednesday for Christmas Day.

Related: Fear & Greed Index gets greedy again

Trading volumes remained extremely low, which is typical in late December through the holiday season.

While Tuesday is expected to be a tame trading day, markets have certainly made big moves so far this year, with the Dow Jones industrial average and S&P 500 both up more than 20%, while the Nasdaq jumped more than 30%.

Related: China is looking to avert another cash crunch

In European markets, the major indexes were moving higher through their afternoon trading sessions. Markets in London and Paris are set to close early, while Frankfurt was closed.

In Asia, markets were mixed.

First Published: December 24, 2013: 9:48 AM ET

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