Friday’s S&P 500 index futures session capped a holiday-shortened week with early Santa rally hopes quickly fading into chop and a slight pullback as profit-takers stepped in.

Overnight action hovered near unchanged with bulls struggling to maintain green territory. The regular session opened with bids piling in for a brief push to a new monthly high of 6994. Profit-takers and sellers immediately reversed the move from there, halting at the premarket low before light chop settled around unchanged.

Eventually, bulls failed to hold Wednesday’s close, allowing sellers to drive to a low of 6969 in the afternoon. Dip-buyers stepped in to limit damage, but the index futures remained just under unchanged for the rest of the session. The regular session closed below the midpoint at 6979.25, down 3.25 handles. For the week, that still marks a respectable gain of 92 handles or 1.34%.

Next week brings another shortened schedule with markets closed for New Year’s Day, December FOMC minutes, minor macro data, and no notable earnings.

Among top index components, NVIDIA Corp (NASDAQ: NVDA) emerged as the biggest gainer. The chip designer rose $1.92 or 1.02% to close at $190.53.

That performance was only one percent better than the cash index’s 0.01% decline.

On the other hand, the biggest loser was Tesla Inc (NASDAQ: TSLA). For the day, the AI/EV company fell $10.21 or 2.10% to close at $475.19.