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This year's "Santa Claus rally" in stocks could depend on the Fed, BofA says. A December meeting with no surprises would give the green light for markets to keep rising into year-end.
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 ...
When Santa brings coal to the Street, however, it can signal tough times ahead. Market dips during the typical holiday rally period in 1999 and 2007 served as precursors to the dot-com bubble and ...
Some of the biggest winners were mega-cap tech stocks, with Tesla up by 6% while Broadcom, Netflix, and Amazon each gained about 2%. ... Stock market today: Santa Claus rally kicks off with nearly ...
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.
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%.
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.