The Santa Claus rally, a historically favorable period for stock market returns around the holidays, officially began Tuesday, encompassing the final five trading days of the year and the first two of the next. During this period, the S&P 500 has historically gained an average of 1.3%, significantly outperforming its usual seven-day return of 0.3%, driven by low trading volumes and the absence of major economic reports. The rally began strongly, with the S&P 500 rising 1.1% on Tuesday, marking its best Christmas Eve performance in 50 years. This caps off a remarkable year for equities, with the S&P 500 up over 25% in 2024, fueled by optimism in generative AI and the year’s first interest rate cuts. Trading today is on a shortened schedule, with markets closing early and reopening for normal trading on Thursday. Continue here.
If you do need a website or your business needs a website, we’re here to bring your dreams to live. Contact us. We would give you the best in quality and the most affordable you would get on the market place. Enjoy our 100% refundable deals. You can’t loose let’s talk about your project.
Kindly reach out on WhatsApp directly and let’s make this decision your most important and best investment post 3 years.
Disclaimer: Full credit to the writer, and the associates.
