From Dow Jones & Company:



The holiday season has brought a “Santa Claus rally” to U.S. stocks, potentially leading to record highs, and strong gains for Wall Street by the end of 2023.

There is a suggestion that investors should manage their expectations for this year’s “Santa Claus rally”, despite the potential for a strong year-end performance in the stock market.

Overall, the market has been consistently giving investors the gift of a “Santa Claus rally”, which could lead to record highs for U.S. stocks, and strong gains for Wall Street by the end of 2023.



Read more: What a strong Santa Claus rally says about the stock market in January and 2024