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Stocks unlikely to see Santa Claus rally this year
Stocks are skipping the ‘Santa Claus rally’ again this year. That doesn’t bode well for January.
Santa Claus is leaving investors in the lurch once again in 2024 as U.S. stocks have struggled during the typically bullish home stretch of the year.
What Happened To The Santa Claus Rally?
Stocks are stumbling into the end of the year. After falling 1% on Friday, markets are indicated lower by another 1% in premarket trading.
Santa Claus Rally Skipped? Stocks, Crypto Offer Little Cheer This Holiday Season
Key Takeaways The traditional “Santa Claus Rally” failed to materialize this year. Major indices like the S&P 500 and FTSE 100 experienced declines in December instead of the expected seasonal boost.
6h
Is Santa Bypassing Wall Street This Year?
Santa might have a lump of coal for Wall Street this year. Stocks typically enjoy a so-called Santa Claus Rally in the period ...
6d
on MSN
Stock market today: Santa Claus rally kicks off with nearly 400-point gains for Dow Jones
Some of the biggest winners were mega-cap tech stocks, with Tesla up by 6% while Broadcom, Netflix, and Amazon each gained ...
Inquirer on MSN
2d
Tech slump slays Santa rally, weak yen lifts Japan stocks higher
Hopes for a Santa Claus rally on Wall Street fell Friday as tech stocks slid lower, while a weaker yen lifted Japanese ...
3d
on MSN
US equity funds receive big inflows on cool inflation, funding bill, and holiday rally
U.S. equity funds attracted significant inflows in the week to Dec. 25, recovering from a prior-week sell-off, buoyed by a ...
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