Dow struggles for direction as Santa Claus rally stalls
The Santa Claus rally refers to a seasonal tendency for the S&P 500 to rise over the last five days trading days of a calendar year and the first two of the new year. U.S. stocks pared early losses on Thursday, with the Dow wavering in and out of positive territory in recent trade.
The second half of December is typically the second-strongest period of the year for U.S. equities, according to Bank of ...
"Stocks tend to do well in the absence of news and this is why strength around holidays tends to occur," Ryan Detrick said.
U.S. stocks on Thursday overcame a lower open to turn positive, though momentum remained weak as Wall Street's attempt to ...
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