The Santa Claus rally obtained off to a joyous begin throughout Tuesday’s shortened session.
The Dow rose about 391 factors, or 0.9%, by the 1 p.m. ET shut. The S&P 500 closed up 1.1%. Solely about 40 S&P 500 shares fell that day, and all 11 S&P 500 sectors closed greater.
The Nasdaq Composite rose 1.4%. The Nasdaq Composite marked its finest pre-Christmas buying and selling day since 2000, when it rose 7.6% on Dec. 22, based on Dow Jones Market Knowledge. (Christmas Day was a Monday that yr.)
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