Santa Claus rallies are a ‘meaningful’ development, claims economical advisor: What just one could mean for investors this year

Santa Claus rallies are a ‘meaningful’ development, claims economical advisor: What just one could mean for investors this year


Critical Factors
  • U.S. shares normally rise around the holidays, a craze recognized as the “Santa Claus rally.” The interval encompasses 7 investing times: the very last 5 times of the calendar year and to start with two of the new calendar year.
  • The S&P 500 Index was up an average 1.3% a 12 months in excess of those people 7 times each individual year considering that 1950, and was optimistic the total yr in 79% of people several years, in accordance to 1 estimate.
  • The rationale isn’t really specifically clear.



Resource

TKO, Polymarket strike multiyear deal to integrate prediction markets into UFC events
Finance

TKO, Polymarket strike multiyear deal to integrate prediction markets into UFC events

Key Points The deal makes UFC and Zuffa Boxing the first sports organizations to incorporate prediction market technology into live events. Polymarket will provide real-time data visualizations of fan sentiment and momentum during fights, offering an additional layer of engagement alongside traditional sports betting. Source

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Stocks making the biggest moves premarket: Walt Disney, Cisco Systems, Firefly Aerospace and more
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Stocks making the biggest moves premarket: Walt Disney, Cisco Systems, Firefly Aerospace and more

Check out the companies making headlines before the bell: Walt Disney Company — The media giant fell more than 4% on mixed fiscal fourth-quarter results . The company earned an adjusted $1.11 per share, beating an LSEG estimate of $1.05 per share. Revenue, however, came in at $22.46 billion, below a consensus forecast of $22.75 […]

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Stocks making the biggest moves after hours: Cisco, Flutter Entertainment, Firefly and more

Check out the companies making headlines in after-hours trading. Cisco — Shares of Cisco gained more than 7% in extended trading after the networking company posted better-than-expected profit and revenue for its fiscal first quarter. Cisco earned $1 per share, excluding items, on $14.88 billion in revenue, while analysts polled by LSEG expected 98 cents […]

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