NEW YORK (Reuters) - Get ready. The last trading week of the year will be a test for stocks to prove whether they have the strength to carry a rally into next year. The broad S&P 500 index broke through its 200-day moving average on Friday after turning positive for the year as a four-day rally lifted stocks following a spell of better-than-expected economic data. At Friday's close, the S&P 500 was up 0.6 percent for the year. But despite the recent economic data that suggest the U.S. ...
Saturday, December 24, 2011
Santa rally may face test next week
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment