NEW YORK -- Mediocre U.S. economic data and declines in Italian bond interest rates were enough to get investors back into the holiday spirit and resume last week's Santa Claus rally Thursday.
santa clausSanta Claus rally could be running out of steamMSNBC.com: Business Sun, 12/12/2010 - 11:17
The December rally may be reaching its climax, with just two weeks to go before Santa Claus makes his midnight run. Investors want to believe in ‘Santa Claus rally’MSNBC.com: Business Sun, 12/20/2009 - 13:20
Skeptical kids can doubt whether Santa Claus exists. But for stock-market statisticians, there's not much debate: The year-end lift known as the Santa Claus rally is no myth. |
