Will the 'Santa Rally' Return This December?

After a strong November, December starts off on a low note as the U.S. stock indexes end the day in the red. Many investors are expecting a 'Santa rally' this month as consumers will have more income on hand if gas prices remain low. December is historically known as an investor-friendly month and has been the Dow's second-best performing month in the past 50 years. Apple's (AAPL) stock isn't performing as well as expected so far this holiday season. Shares are down 2.6% to $115.92. While that seems like a relatively small percentage, in reality it isn't as investors lost nearly $18 billion in stock value today alone.

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Published on Dec 1, 2014
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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