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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.
US stocks dip as "Santa Claus rally" stalls, 10-year Treasury yields touch 8-month high
By Stephen Culp NEW YORK (Reuters) -Wall Street stocks headed lower on Thursday and U.S. benchmark Treasury yields scaled the highest level since April in light, post-Christmas trading. The modest but broad-based sell-off pulled all three major U.
1h
Dow Ends Lower as Stocks Stagger Into Year-End
The stock market slid on the penultimate trading day of the year, as hopes for a Santa Claus rally continued to fade. The Dow Jones Industrial Average fell 418 points, or 1%. The S&P 500 was down 1.1% ...
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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 ...
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