Stocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was down less than 0.1% after drifting between small gains and losses.

Big Tech stocks were among the biggest weights on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.8%. Google parent Alphabet fell 0.

U.S. markets are set to dip in thin post-Christmas trading, with S&P 500 and Dow futures down 0.4%. Netflix's glitch-free NFL broadcast was a holiday highlight, while Japan's Nikkei saw a 1.1% surge.

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