From Nasdaq: 2025-01-04 16:30:00

In 2024, Wall Street saw a strong year with the S&P 500 gaining 23.3%, despite a year-end decline due to the Federal Reserve’s interest rate forecast cut for 2025. The Santa Claus rally, which typically predicts the market’s direction for the following year, ended on Jan. 3 with a 0.5% drop. Analysts are bullish for 2025, with a consensus target for the S&P 500 above 6,600. However, high valuations and potential policy changes could impact the market. While the Santa Claus rally isn’t a definite indicator, investors should remain cautious and consider historical trends when planning for the new year.



Read more at Nasdaq: Investors Got a Lump of Coal From Santa Claus. Is It a Warning Sign for 2025?