Wall St Week Ahead: Investors hope for 'Santa Claus' rally


This year, there are signs Santa Claus may disappoint. — Bloomberg

NEW YORK: With December so far delivering Scrooge-like returns in an otherwise stellar year for US stocks, investors hope the tail end of 2024 offers some holiday cheer, but warn of potential headwinds.

The benchmark S&P 500 is up more than 23% for 2024, even after a major stumble this week, and Wall Street has historically often enjoyed a strong annual close.

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