Wall St. Week Ahead: Hope for Santa Rally
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Wall Street is hoping its traditional year-end "Santa rally" will pick up steam in the week ahead.
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With Wall Street in the final stretch of the year and the Dow Jones industrial average in record territory, investors expect next week to bring in even more holiday cheer.
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Wall Street's merger-fueled rally may continue this week, so long as Friday's payrolls report and other economic news don't spoil the party.
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MacBooks, real books, and frothy brews will have starring roles in next week's Wall Street epic.
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Investors will be looking to consumer spending in the coming week on Wall Street, as the government releases figures on consumer prices and retail sales and major retailers release earnings reports.
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With Wall Street in the year's final  stretch and the Dow in record territory, investors believe this  week will bring even more holiday cheer.
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U.S. stocks to watch on Monday include  Family Dollar Stores Inc., Staples Inc., Microsoft Corp., and  General Electric Co.
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Stocks were set to open higher on Friday as strong earnings from companies, including Microsoft Corp, and a speedy agreement on a U.S. economic stimulus package helped lift investor confidence.
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US stocks halted their &quot;Santa rally&quot; on Monday and ended lower as a sharp drop in the oil price knocked down shares of energy-related companies such as Exxon Mobil Corp
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US stocks are expected to open little changed on Thursday ahead of the long Christmas weekend, but a raft of economic data and the latest fall in oil prices could move the market.
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U.S. stocks should hold firm next week  with little economic data or corporate news on tap to move the  market going into the Christmas holiday, strategists said.
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U.S. stocks closed slightly higher on  Thursday as the "Santa Claus" rally kept going for a third  straight day.
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Wall Street was set for a flat start on Monday in a shortened Christmas Eve trading session after an explosive rally on Friday.
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Is there a Santa Claus rally underway? Look no further than Fannie Mae (NYSE: FNM). The stock has traded up as much as 5% on news that the CEO and CFO have left the company and the auditors have been dismissed.
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It's beginning to look a lot like  Christmas on Wall Street: Retail stocks have been glowing for  more than a month.
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U.S. stocks opened higher as Wall Street, looking to resume this weekâs rally, drew confidence from strong earnings from Oracle.
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Macbooks, real books, and frothy brews will have starring roles in next week's Wall Street epic.