Wall Street is looking forward to happy holidays and a farewell to a pandemic-stricken 2020 and an embrace of a new year, with the last two weeks in December representing abbreviated sessions.
Equities have performed exceedingly well during a seasonal period that includes the year’s last five trading days and the first two sessions of the new year, in what’s come to be known as the “Santa Claus” rally.
‘With a second round of stimulus checks of $600 announced by Congress on Sunday, will the Internal Revenue Service give me a check based on my 2019 return?’