Market Snapshot: Stock market heads into year-end with serious momentum. What that means for December and beyond.

by | Nov 26, 2023 | Stock Market

Barring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says momentum is likely to beget momentum into year-end. “I think the market is set up for a strong, final six weeks of 2023 and I would expect the market to build on that momentum into year-end,” said Michael Arone, chief investment strategist at State Street, in a phone interview. Drivers…

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Barring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says momentum is likely to beget momentum into year-end. “I think the market is set up for a strong, final six weeks of 2023 and I would expect the market to build on that momentum into year-end,” said Michael Arone, chief investment strategist at State Street, in a phone interview. Drivers…

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