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Santa Claus Rally Short-lived as Jobs Data and Inflation Weigh on Markets

It was just one week ago when many headlines referred to the “Santa Claus Rally,” the typically favorable period of trading days straddling the New Year. Indeed, Jolly Old Saint Nick was about as generous as usual, with the S&P 500, tracked via the C Fund, climbing nearly 2% during the holiday week. Yet, when …

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