"Market Momentum: Traders Bet on Broader S&P 500 Rally in December and Beyond"
TL;DR
The U.S. stock market is expected to continue its momentum into the final six weeks of 2023 and potentially build on that strength into year-end, according to Michael Arone, chief investment strategist at State Street. While there are no guarantees, historical trends suggest that momentum tends to beget more momentum, indicating a potentially healthy December and beyond for the stock market.
- Stock market is gaining momentum. What that means for December and beyond. MarketWatch
- Traders Rush to Keep Up With S&P 500 Rally Amid Bets Fed Rate-Hike Cycle Is Over Bloomberg
- Signs the S&P 500 rally is broadening beyond megacaps feed investor hopes Yahoo Finance
- Market bounce shows again it pays to stay the course Fidelity International
- View Full Coverage on Google News
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