From Morningstar: 2024-12-09 10:09:26

In 2024, geopolitical tensions and political upsets impacted markets, but the FTSE 100 remained resilient, reaching a record high in May. The index is up 7.95% for the year, while the Morningstar UK index is up nearly 12%. The S&P 500 has surged 28.41% so far this year.

The “Santa Rally” may have already begun, with the Morningstar UK index and FTSE 100 up around 3% in December. Historical data shows December as a good time for investors, with UK stocks typically rising towards Christmas and New Year’s.

Investing in December comes with risks, as market performance can be volatile. While the Santa Rally has been attractive in recent years, it’s not guaranteed. Past performance doesn’t predict future results, and market timing can be risky.

UK stocks like Marks & Spencer, Wickes Group, and DFS Furniture could benefit from the festive season. These companies are expected to perform well due to Christmas spending and positive future prospects. M&A activity, strong corporate reporting, and increased dividend growth also support market performance.

For festive trading, a diversified portfolio is key for global investors. The Santa Rally shouldn’t be the sole motivation for investing, as past performance doesn’t guarantee future results. Be cautious of scams during the holiday season, as emotions can make investors vulnerable. Consult a regulated financial advisor for expert advice. 1. The stock market rallied today with the Dow Jones Industrial Average gaining 200 points, reaching a new all-time high. Investor confidence was boosted by positive economic data and strong corporate earnings reports.

2. A new study found that over 70% of Americans are now fully vaccinated against COVID-19, marking a significant milestone in the country’s fight against the pandemic. Health officials are hopeful that this high vaccination rate will help slow the spread of the virus.

3. In international news, tensions between Russia and Ukraine continue to escalate as Russian troops gather near the Ukrainian border. The United States and European Union have expressed concern over the situation and called for a peaceful resolution to the conflict.

4. The latest unemployment numbers show a decrease in jobless claims, signaling a strengthening labor market. Economists attribute this positive trend to increased consumer spending and business activity as the economy continues to recover from the impact of the pandemic.



Read more at Morningstar: What is The Santa Rally And Should I Invest in UK…