Stocks are drifting higher on Wall Street in light trading as U.S. markets reopen following the Christmas holiday.

The U.S. stock markets are back open for business the day after Christmas, but there's another holiday coming up. Here's what to know.

Asian Shares Are Mostly Lower, With Most World Markets Closed for Christmas BANGKOK (AP) — Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day.

As the year comes to a close, the investors are finishing up their last-minute trades before getting into the festivities. However, the traders will not be able to place any trades on Wednesday. The stock market will remain closed on December 25,

BSE, NSE close marginally in red. On Tuesday, the domestic stock exchanges failed to sustain opening gains and ended in red after a volatile session. Nifty 50 ended at 23,727.65,