jayc
2024-12-25

The holiday season often brings a phenomenon known as the Santa Claus rally, characterized by improved market performance in the last days of December and the first few trading days of January. This boost is usually attributed to several factors, including seasonal optimism among investors, positive company news releases, increased consumer spending, and portfolio adjustments by fund managers aiming to enhance their year-end results. These factors often lead to an increase in stock prices during this period.

S&P 500 Hits 6100! Can Big Tech Earnings Boost January Rally?
The S&P 500 hit a new high yesterday, reaching 6118 points. Next week, major tech companies will report their earnings. Tesla, Microsoft, and Meta will release their earnings after Wednesday’s market close, while Apple will report after Thursday’s market close. Can Big Tech drive further market gains? Which major tech company are you optimistic about?
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Comments

  • jigglyp
    2024-12-26
    jigglyp
    Happy holidays! Hope the good luck continues in 2025!
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