The clock has officially begun on a potential year-end Santa Claus Rally for the stock market.
A Santa Claus Rally is one where stocks climb higher in the final seven trading sessions of a year plus the first two trading days of the New Year. Its precise cause has never been greatly explained — theories range from year-end tax considerations to people spending their fat bonuses to buy stocks to general seasonal effects.
Wednesday is the first day in this nine session trek for the markets….
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