Stocks were solidly higher in mid-afternoon trading Friday, led by a rally in shares of large-cap technology companies, as the market rebounded from a sluggish start to 2025.

The Dow Jones and S&P 500 climbed but soon faded on the stock market today. Tesla fell after the company's Q4 deliveries disappointed.

Every year, investors look forward to the “Santa Claus rally,” a period that encompasses the final five trading days of December and the first two trading days of the new year. Since 1950, the S&P 500 has gained, on average, 1.3% during this stretch, while finishing higher nearly 80% of the time, according to Dow Jones Market Data.

According to Fairlead Strategies founder Katie Stockton, the recent weakness in the stock market flashed a technical "sell" signal.