Published on 24 Dec 2024 on Benzinga
The stock market has a well-documented tendency to deliver gains during the final trading days of December, a phenomenon known as the “Santa Claus rally.”
This period of optimism has historically brought cheer to investors, with the S&P 500 gaining in 64 out of the last 96 years during the Dec. 24–Dec. 31 window, averaging a respectable 0.85% return, according to data from Seasonax.