DOW Could Break the All Time Record this Week With "Santa Claus Rally"
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Fucking Obama!
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Date: December 22, 2014 01:07PM
Wall Street is looking ahead to a series of data points that could push the U.S. stock market into a “Santa Claus Rally,” following last week’s advances that saw the Dow Jones Industrial Average post its best one-day point gain since 2011. The blue-chip Dow continues edging closer to the psychologically important 18,000 milestone. Ahead on this week’s economic calendar, economists will be eyeing data that will reveal details about U.S. consumer spending and personal income ahead of the Christmas holiday.