Has The Santa Claus Rally Begun? [Forbes]
International Business Machines Corporation (IBM)
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Source: Forbes
Stocks Edge Higher Amid Light Trading And Santa Claus Rally Speculation Weak Consumer Sentiment And Rising Bond Yields Signal Economic Uncertainty Falling Oil Prices Reflect Global Demand Concerns, Especially From China While overall trading volumes were light on Monday, stocks did gain a little ground as we head into the final trading days of the year. The S&P 500 gained 0.7% and the Nasdaq Composite was up 1%. Both the Russell 2000 and Dow Jones Industrial Average fell less than 0.25%. While the period between Thanksgiving and the last day of the year are generically cited as the time when markets may see a Santa Claus rally, technically speaking, that period is from Christmas until December 31st, so let's see if Monday was an early start. Despite the low activity, there was actually quite a bit of news worth sharing. The Conference Board's latest reading on consumer sentiment came in unexpectedly weak at 104.7. That reading encompasses a broad set of measures, but if we dr
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