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Santa Claus stuffs stock market portfolios in a holiday-shortened session

by Investor News Today
December 25, 2024
in Investing
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Santa Claus stuffs stock market portfolios in a holiday-shortened session
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S&P 500 day by day

The shortened US fairness market session on Christmas Eve is usually a formality however Santa Claus delivered this yr. The 0.7% rally yesterday within the S&P 500 was adopted with 0.8% in the present day and the post-Fed rout has now been largely erased.

  • S&P 500 +1.1%
  • Nasdaq Comp +1.4% (led by +6% for TSLA)
  • Russell 2000 +0.8%
  • DJIA +0.9%
  • Toronto TSX Comp +0.3%

US and Canadian markets are each fully closed on Christmas. The US market will re-open on Boxing Day whereas Canadian markets stay closed till December 27.

The ‘Santa Claus rally’ interval is historically after Christmas and earlier than new years, so now we have that to stay up for.



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