Investors Anticipate ‘Santa Claus’ Rally Amid Stock Market Weakness and Slowing Momentum
As December delivers disappointing returns in an otherwise strong year for U.S. stocks, investors are cautious about the final weeks of 2024. The S&P 500 has risen over 24% this year, but recent drops following the Federal Reserve’s unexpected interest rate signals raise concerns. While the traditional “Santa Claus Rally” typically sees gains, this year’s ...