It is gearing up to be another quiet day on Friday, as investors slowly return following the Christmas holiday. There are no notable economic data releases or corporate earnings announcements on the calendar for Friday.
Nevertheless, market participants will continue to monitor the market action following record closes for all three of the major indices Thursday. The recent rally has fueled investor confidence that a so-called “Santa Claus rally” is intact this year and stocks will continue their run into year-end.
Heidi Chung is a reporter at Yahoo Finance. Follow her on Twitter: @heidi_chung.
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