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S&P 500, Nasdaq Set For Wobbly Open As Santa Claus Rally Fades: Analyst Sees Final Trading Sessions As ‘Last Great Buying Opportunity’

Published by
Benzinga

U.S. stocks may face challenges in maintaining their upward momentum on Wednesday, as index futures suggest a flat start. In the absence of significant catalysts, the market might experience a lack of direction, especially given the low trading volume typical of the holiday period, which could cast doubt on any substantial moves in either direction. However, optimistic expectations of economic momentum carrying into the new year, fueled by anticipated Fed rate cuts and a soft-landing scenario, coupled with the traditional year-end buying trend, may help prevent a large-scale sell-off. Cues Fro…

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