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Crowds gather for Wall Street Christmas tree lights switch on

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Crowds gathered for the Wall Street Christmas tree lighting ceremony.

Thousands of residents witnessed the lighting of the 70 ft (21 m) tree, adorned with twinkling lights and festive ornaments, during the annual holiday tradition in New York on December 5.

Footage shows residents and tourists counting down to the much-anticipated moment.

The gigantic tree illuminated the area, with cheers erupting from the crowd.

The annual lighting ceremony has become a must-see event, with its history dating back to the early 1900s when the NYSE first displayed a Christmas tree to spread holiday cheer.

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