‘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’?
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.
Santa Claus Market Rally Period Begins: What To Know As Wall Street Looks To Close Another Strong Year
Yes. The New York Stock Exchange and Nasdaq will both operate on half-day schedules, closing at 1 p.m., while bond markets will shut down at 2 p.m., and major U.S. financial markets will stay closed until Thursday’s normal trading session.
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.
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 about 2%.
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.
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%.
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%.
Who Will Shine in This Year’s Santa Claus Rally?
Since the 1970s, the term “Santa Claus Rally” has been synonymous with rising stock prices during the last five trading days of December and
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: Dow ends higher for 4th straight day to kick off Santa rally period in shortened trading on Christmas Eve
Since the start of 2024, the S&P 500 has never once closed below its 200-day moving average, according to Bespoke Investment ...
Stock Market Today: Dow Jones Rises As Santa Claus Rally Revs Up; This Stock Warren Buffett Is Selling Hits New High
The Dow Jones rose on the stock market today. Magnificent Seven names Amazon and Nvidia were strong. American Airlines stock ...