Dow Jones Industrial Average

Santa Claus Rally 2014 Is Not the Real Reason Stocks Will Rise

last five santa claus rallies

The term "Santa Claus Rally" refers to a seasonal bump in stock prices over the last week of the year - specifically, the last five trading days of December, and the first two of January. This year it falls from Dec. 24 to Jan. 5.

The Dow has seen a Santa Claus Rally more than 77% of the time since 1896. Over that 117-year span, the Dow Jones Industrial Average has gained an average of 1.7% during that week.

Will we see another seasonal rally this year? Our experts say yes, but not for the reason you might expect...

DJIA Today: Another Volatile Session Ends in Triple-Digit Loss

dow jones industrial

DJIA Today, Dec. 15, 2014: The Dow Jones tallied another triple digit loss after violent swings near the end of the day.

Investors remained confident that the Federal Reserve plans to support the ongoing economic recovery in the United States, while Russia's economy continues to deteriorate at the hands of sanctions.

Here's what you need to know in today's markets.

Dow Jones Ends Three-Day Losing Streak Today

Dow Jones

The Dow Jones broke its three-day slump Thursday, posting a gain of 63 points. The markets jumped on strong employment and retail sales data.

Jobless claims slipped to a three-week low of 294,000 Americans this morning, lower than the four-week moving average. In addition, retail sales for November hit their highest growth level in eight months.

Here are the top stories from today's trading session...

Dow Jones Today Sheds 51 Points on Global Equity Rout

Dow Jones today

The Dow Jones today ended down 51 points, fueled by a global equities sell-off. The markets did bounce back from session lows in the final hour as investors found value on several oversold stocks.

The price of gold surged back above the $1,200 level, rising nearly 3% on the day. The VIX, the market's volatility gauge, jumped 5% on the day.

Here's today's scorecard - plus the top stories from the stock market today...

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