Dow ends higher for fifth straight daily gain as stocks attempt to score Santa rally
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.
Stock market today: Dow ekes out gains, bitcoin slumps as 'Santa Claus' rally takes a pause
According to the latest Labor Department data, weekly jobless claims fell to 219,000 compared with expectations of 223,000. However continuing claims pointed to a cooling labor market, jumping by 46,000 in the week ending Dec. 14 to 1.91 million, the highest level since November 2021.
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February Brent crude the global benchmark, rose by 57 cents, or 0.8%, to $73.42 a barrel on ICE Futures Europe. Back on Nymex ...
The Dow Jones dropped 1,123 points (or 2.6 percent) by the close of the market Wednesday after the Fed's 19 policymakers ...
The Dow Jones Industrial Average closed fractionally higher on Thursday, stretching its winning streak to five sessions ...
Indexes remain on course for robust full-year gains; auto stocks lift Japan’s Nikkei 225.
Futures on the Dow Jones Industrial Average fell 150 points. S&P 500 futures dipped 0.3% and Nasdaq 100 futures declined 0.3% ...
The main indexes sold off at the open and stayed lower through the close, putting the Santa Claus rally at risk.
Stock futures are slightly lower Friday as the Santa Clause rally that kicked off earlier in the week loses steam.
Investors watched Wall Street open lower on Thursday, threatening the momentum of the Santa Claus Rally that started on ...
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