From Investing.com:



The article discusses Wall Street’s anticipation for a “Santa Claus Rally” that is expected to bring record highs as the markets close out the year with strong gains. The S&P 500 is up over 4% in December and has risen 24% this year, nearly reaching a new all-time high. The Federal Reserve’s dovish pivot and signs of inflation moderation have contributed to investor optimism. There has been increased buying of U.S. equities by both institutional and retail investors. However, trading volumes are expected to be thin for the remainder of the year, and unexpected news or large trades could impact the market. Some market participants have mentioned a “fear of missing out” on the equity rally and the potential for the market to move up slightly higher. Overall, the article highlights the current market conditions and outlines factors impacting investor sentiment.



Original: Wall Street awaits ‘Santa Rally’ with US stocks near records By Reuters