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The Fed meeting may be the last obstacle for the market to clear before the Santa Claus rally kicks off. ... and the S&P has been up 83% of the time in December of Presidential election years ...
This year's Santa Claus rally saw a strong start on Christmas Eve, with a nearly 400-point gain for the Dow and a 1.1% gain for the S&P 500, marking the benchmark index's best Christmas Eve ...
Last Sunday, Bank of America said the Federal Open Market Committee’s final meeting of 2024 was likely the “last hurdle” for a Santa rally—a hurdle the market failed to clear. Still, the ...
The 10-year has been creeping up every day.” The 10-year U.S. Treasury note traded around 4.62% on Friday afternoon, after climbing about 30 basis points over the past month.
Historical data dating back to 1950 indicates the S&P 500 has posted an average return of 1.3% and is positive 79% of the time during the Santa Claus trading window.
Stock market today: Indexes trade mixed as markets weigh potential Santa Claus rally, rates outlook. Jennifer Sor. December 23, 2024 at 6:54 AM ... Nasdaq composite: 19,614.47, up 0.21%.
A Santa Claus rally is a calendar effect that involves a rise in stock prices during the last 5 trading days in December and the first 2 trading days in the following January., [1] [2] According to the 2019 Stock Trader's Almanac, the stock market has risen 1.3% on average during the 7 trading days in question since both 1950 and 1969.
The Santa Claus trading window starts December 24 and should bring a stock market rally this year. Historically, the S&P 500 gains 1.3% during this seven-day period and is positive 79% of the time.