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Wall Street may just get what it wished for as a Santa Claus rally looks to be in the works with US stocks (^DJI, ^IXIC, ^GSPC) closing the shortened trading higher in positive territory. The Nasdaq Composite pulls away by jumping 1.35% for the session.

Market Domination's Brad Smith takes a look at the day's market gains and the performance of the retail sector.

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Luke Carberry Mogan.