"Market Momentum: Traders Bet on Broader S&P 500 Rally in December and Beyond"

1 min read
Source: MarketWatch
"Market Momentum: Traders Bet on Broader S&P 500 Rally in December and Beyond"
Photo: MarketWatch
TL;DR Summary

The U.S. stock market is expected to continue its momentum into the final six weeks of 2023 and potentially build on that strength into year-end, according to Michael Arone, chief investment strategist at State Street. While there are no guarantees, historical trends suggest that momentum tends to beget more momentum, indicating a potentially healthy December and beyond for the stock market.

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