Wall Street Expects a Santa Claus Rally

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The Street

By Ellen Chang An uptick during the last five trading days of 2022 could occur, said market strategists and economists. The stock market will likely see an uptick during the last five trading days of the year, according to economists and market strategists. Investors hoping for the so-called Santa Claus rally might see their wish fulfilled. The Nasdaq saw the largest gain at 1.89% during midday on Wednesday. The Dow rose by 1.74% while the S&P increased by 1.75%. Consumer confidence levels reached an eight-month high as people focused less on inflation as the cost for some goods such as gasoli…

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