Santa Claus, Stock market
YAHOO!Finance · 10h
Stock market today: Dow ekes out gains, bitcoin slumps as 'Santa Claus' rally takes a pause
According to the latest Labor Department data, weekly jobless claims fell to 219,000 compared with expectations of 223,000. However continuing claims pointed to a cooling labor market, jumping by 46,000 in the week ending Dec. 14 to 1.91 million, the highest level since November 2021.
Yahoo · 7d
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.
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