Santa Claus Deserted the Market. It’s Still Been a Good Year for Stocks.
Investors are still sitting on a more than 25% gain for the year, and it’s arguable that the frenzied postelection bump pulled forward some of December’s typical gains. Nonetheless, the month’s anemic showing is atypical.
‘Santa Claus rally’ is here — but can the stock market avoid the ‘Grinch pinch’?
Santa Claus rally’ is here — but can the stock market avoid the ‘Grinch pinch’? The S&P 500 Index SPX is attempting to erase the swift decline that occurred after the U.S. Federal Reserve’s December meeting.
Stock market today: Indexes close mixed as traders hold out hope for a Santa Claus rally
The Dow closed slightly higher on Thursday while the Nasdaq and S&P 500 closed lower in the second day of a so-called Santa Claus rally period.
Stock market’s December performance in balance as ‘Santa Claus rally’ begins
Stocks have seen a stellar 2024, but the S&P 500 is in danger of a rare December loss. It’s all riding on the so-called Santa Claus rally.
Forget the Santa Claus Rally -- Artificial Intelligence Stocks Like Broadcom, Amazon, and Rivian Dragged the Stock Market Down Today
Shares of artificial intelligence chipmaker Broadcom ( AVGO -1.63%) and e-commerce giant Amazon ( AMZN -1.57%) traded close to 2% lower as of 2:26 p.m. ET today. Shares of electric carmaker Rivian ( RIVN -2.88%) were down close to 3%.
Dow Slips as Santa Claus Rally Stumbles
The stock market slipped on Friday to close out a holiday-shortened week, erasing this year’s Santa Claus rally so far. The Dow Jones Industrial Average dropped 334 points, or 0.8%. The S&P 500 slipped 1.
Stock market ‘Santa Claus rally’ might get a late start this year
The so-called Santa Claus rally could get off to a late start this year. But better late than never. A team of strategists at Ned Davis Research pointed out that stocks have struggled ahead of the start of the “Santa Claus rally” period, which begins on Tuesday.
Santa Claus Rally: Why Christmas Boosts the Stock Market
Learn all about the Santa Claus Rally, a seasonal stock market trend with historical significance. Discover why it happens and some tips.
Bulls Wish for a 'Santa Claus Rally' as 2024 Comes to a Close
Wall Street is eager for a so-called Santa Claus rally to propel the S&P 500—up about 25% this year through Monday's close—to new highs. According to Wall Street lore, the stock market consistently rises during the final five trading days of the year and the first two sessions of the next. This year, that stretch starts today.
Trends and the Santa Claus Rally; stock market insiders are ending the year on a high note
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has advanced 34% year to date, and history says that momentum may carry into 2025. Since its inception in 1971, the Nasdaq has returned at least 20% in 20 years, and at least 30% in 12 years. After a 20%-plus gain in a calendar year: The Nasdaq has returned an average of 17% during the next year.
Wall Street Bets on a 2024 ‘Santa Claus Rally’
Tech giants like Broadcom and Advanced Micro Devices continued to power gains on Wall Street in Tuesday’s traditionally truncated session. News the Biden administration had launched a probe into Chinese-made chips—a probe that may continue under Donald Trump—likely helped buttress US tech stocks as the S&P 500 closed up more than 1%.
Stock market today: Indexes edge lower in first trading day after Christmas
Indexes fell in their first trading day after Christmas as traders hope for a so-called Santa Clause rally to propel markets ...
Stock Market Today: Stocks slide as Treasury yields blunt Santa Claus Rally
U.S. equity futures moved lower in early Thursday trading, while Treasury bond yields remained elevated in the wake of the ...