What a strong Santa Claus rally says about the stock market in January and 2024

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This holiday season has so far been pretty consistent in giving investors exactly the gift they want — a “Santa Claus rally” that could bring record highs for U.S. stocks, with Wall Street on pace to close out 2023 with strong gains.

See: ‘Santa Claus rally’ time for stock market? Why investors should dial back their expectations for this seasonal year-end gift.

The…

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