Santa Claus did not come to town this year. At least, as far as Wall Street is concerned. Through Thursday's close, the S & P 500 is down 1.8% during the so-called Santa Claus rally period — which ...
Santa Claus was pretty much a no-show on Wall Street. As defined by the Stock Trader’s Almanac, the “Santa Claus rally” refers to the S&P 500’s tendency to rise during the last five trading days of a ...
With the official holiday trading period set to begin Wednesday, Detrick notes that while failed rallies are a concern, the market’s recent resilience suggests “Santa” hasn’t abandoned Wall Street yet ...
Stocks ended 2024 with the best annual back-to-back gains since the late 1990s. That streak might not last.
Wall Street’s holiday cheer ended abruptly on Friday, with all three main benchmarks closing lower in a broad-based sell-off affecting even tech and growth stocks that had driven markets higher ...