![]() ![]() ![]() The S&P energy index rose 0.5 percent alongside a rise of 0.3 percent in crude oil. that could derail or upset the market,” said Mark Martiak, senior wealth strategist at Premier Wealth/First Allied Securities in New York.Įnergy shares were among the day’s biggest gainers. “Everything is a go right now, but there’s no reason to expect we’ll start seeing big moves this week. The stock market will be closed on Thursday for New Year’s Day. Volume is expected to remain light, which could leave the market more susceptible to big swings. The speed and scale of the rally could limit upside, especially in the final trading week of the year, when many market participants are out on holiday and there are few catalysts. The Dow’s seven-session streak is its longest since March 2013, when it rose for ten straight sessions. Equities have trended to the upside of late, with the S&P 500 up 5.9 percent over the past seven sessions, ending at its 52nd record close of the year on Friday. ![]()
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