Mahoney Asset Management CEO Ken Mahoney in The Wall Street Journal

Stocks Secure Santa Claus Rally With Last-Day Spurt

S&P 500 ekes out seventh-consecutive seasonal gain

Santa Claus made it to Wall Street in the nick of time.

At the start of every new year, market buffs watch stocks to see if they notch what is known as a Santa Claus rally. The trend refers to the tendency for U.S. stocks to rise during the period comprising the last five trading sessions of a year and first two of the next year.

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