U.S. stock-market futures gained late Sunday, after President Donald Trump backed down from his threats and signed a nearly $900 billion coronavirus aid bill that will avert a government shutdown.
Equities have performed exceedingly well during a seasonal period that includes the year’s last five trading days and the first two sessions of the new year, in what’s come to be known as the “Santa Claus” rally.
Strategists aren’t eager to balk at the notion that the bull market in stocks is getting exhausted and are offering expectations for solid year-end gains and in some cases, projecting eye-popping rallies for the market in the coming 12 months.