* Dow, S&P 500 closed at all-time highs Monday
* Market closes early, remains shut through Christmas Day
* Dow up 0.2 pct, S&P 500 up 0.1 pct, Nasdaq flat
By Ryan Vlastelica
NEW YORK, Dec 24 (Reuters) - U.S. stocks were little changed
on Tuesday as investors refrained from making big bets ahead of
the Christmas Day holiday, with equity indexes at record highs.
Markets will close early on Tuesday and remain shut until
Thursday for the holiday. Trading is expected to be very light
during the day's shortened session, with many market
participants out of the office. The light action could allow for
Wall Street rallied on Monday, with both the Dow and S&P 500
advancing to all-time highs while the Nasdaq climbed to its
highest since August 2000. Further upside may be limited at
these levels, especially in the absence of major trading
"Investors have taken their positions for the year, so what
we're seeing is a market pause to digest the very strong rally
we've had," said Adam Sarhan, chief executive of Sarhan Capital
in New York.
In the latest economic data, orders for durable goods rose
3.5 percent in November, above expectations for a jump of 2
percent. Separately, new home sales fell modestly from a
five-year high in November.
The Dow Jones industrial average was up 34.35 points,
or 0.21 percent, at 16,328.96. The Standard & Poor's 500 Index
was up 2.47 points, or 0.14 percent, at 1,830.46. The
Nasdaq Composite Index was up 1.42 points, or 0.03
percent, at 4,150.32.
The S&P 500 has soared about 28 percent this year, largely
due to stimulus measures from the U.S. Federal Reserve. The
index is on track for its best year since 1997. The Dow is up
24.6 percent in 2013 while the Nasdaq has jumped 37.4 percent.
Target Corp's general counsel, Timothy Baer, spoke
with top state prosecutors on Monday to address their concerns
about a massive data breach, as consumer lawsuits piled up
against the retailer and two U.S. senators called for a federal
probe. Shares fell 0.6 percent to $61.51.
Walt Disney Co named Twitter Inc co-founder
Jack Dorsey an independent board director. Shares of Disney, a
Dow component, rose 0.3 percent to $73.52 while Twitter rose 3
percent to $66.42.