Santa Claus rallies are a 'meaningful' trend, says financial advisor: What one could mean for investors this year
Santa Claus looks on at the 98th Annual Christmas Tree lighting ceremony at the New York Stock Exchange on Dec. 1, 2021 in New York. Bryan R. Smith | Afp | Getty Images If history is a guide, stock investors may be poised to get a gift over the holidays. U.S. stocks often gallop at year-end, delivering higher returns for investors . The trend , known as the "Santa Claus rally," encompasses the last five trading days of the calendar year and the first two of the new year. related investing news Here's what most investors think will happen with the stock market next year Carmen Reinicke 21 hours ago In the past two decades, the S&P 500 Index — a barometer of U.S. stock performance — has increased by 0.7% a year, on average, over those seven trading days, according to FactSet data. The S&P 500 was positive during those seven days in 15 of the 20 years — or, 75% of the time, FactSet found. The trend holds when looking further back, too. During that particular seven...