Reported 1 day ago
As December brings disappointing returns, investors remain hopeful for a 'Santa Claus' rally in the stock market, despite significant challenges. The S&P 500 is up 23% for 2024 but faced a drop this week due to unexpected signals from the Federal Reserve and concerns over a potential government shutdown. Rising Treasury yields and a narrowing market rally also pose risks, leading analysts to caution against further declines while highlighting the importance of the upcoming trading period for predicting 2025 trends.
Source: YAHOO