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Santa Claus rally kicks off? S&P 500 marches toward best quarter since 2020
Key takeaways: ● With the Fed's favoring inflation indicators reinforcing expectations of rate cuts next year, the S&P 500 and Nasd Show More
Key takeaways:
● With the Fed's favoring inflation indicators reinforcing expectations of rate cuts next year, the S&P 500 and Nasdaq ended higher for the last week before Christmas, despite modest declines in the Dow Jones due to Nike. The S&P 500 also marked its longest weekly winning streak since 2017.
● Wall Street is currently eagerly anticipating the so-called Santa Claus rally to further boost stock market gains. This phenomenon typically involves upward trends in stock prices during Christmas holiday. Factors such as tax considerations, light trading volumes, and generally positive holiday sentiment are often considered potential contributors.

🎄 Discussion:
● How do you prepare for the Santa Claus rally? Share your strategies with mooers!
● What's your plan for celebrating Christmas?
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