Stocks are poised to give back some of their pre-holiday gains when trading begins on Thursday.

Futures tied to the Dow Jones Industrial Average and S&P 500 were down 0.3% in recent trading, while those linked to the Nasdaq slipped 0.4%. The major indexes rose on Monday and Tuesday ahead of yesterday’s Christmas break, a positive start to the Santa Clause rally that investors hope for, as the U.S. market rebounded from last week’s downturn.

Large-cap technology stocks were mostly lower ahead of the bell on Thursday, with Nvidia (NVDA) Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL) and Meta Platforms (META) all down slightly. Shares of Tesla (TSLA) were up about 1%, after rising 7% the previous session, as the EV maker extends its huge post-election rally.

Shares of bitcoin-related companies were down in premarket trading as the digital currency slumped. Software maker MicroStrategy (MSTR), one of the world’s largest holders of bitcoin, was down 3%, while cryptocurrency exchange Coinbase (COIN) and bitcoin miner Riot Platforms (RIOT) each fell 2%.

Bitcoin was at $95,500 in recent trading, down from an overnight high of nearly $100,000. Bitcoin has gained about 35% since the start of the year amid optimism that the incoming Trump administration and a crypto-friendly Congress will implement measures that benefit the digital currency.

The yield on 10-year Treasurys, which is correlated with expectations about where interest rates are headed, was at 4.63% this morning, up from 4.59% on Tuesday and trading at its highest level since May.

Gold futures were up slightly at around $2,640 an ounce, while crude oil futures gained about 0.5%.