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Don’t Count on a Santa Rally. Here’s What the Stock Market Is Saying.

Don’t Count on a Santa Rally. Here’s What the Stock Market Is Saying.

The expected Santa Claus rally started around Halloween, potentially leaving little room for more gains the rest of December. Santa Claus dropped off gifts early this year—before Halloween, in fact—raising questions if there are any left unopened for the market before the New Year. Market strategists don’t expect to see the trend soon reverse, essentially dashing hopes of a Santa Claus rally.