Santa Claus Rally Under Scrutiny: Stocks, Yields, and Lawsuit Drama
The article examines the performance of U.S. stock markets, focusing on the Santa Claus rally phenomenon. It discusses the impact of 10-year Treasury yields, megacap stock valuations, and a notable lawsuit against the Federal Reserve over its annual stress tests.
"Stocks tend to do well in the absence of news and this is why strength around holidays tends to occur," Ryan Detrick said.
Investor's Business Daily on MSN1h
Dow Jones Futures Fall Ahead Of Jobless Claims; Nvidia Hits Buy PointThe Dow Jones Industrial Average and other major indexes were lower Thursday, as Wall Street awaited weekly unemployment data. An early name to watch on the stock market today is Nvidia, which hit a ...
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