Santa Claus Rally Watch: S&P 500 Near 7,000 as Fed Minutes Loom and Gold, Silver Smash Records
U.S. stocks closed little changed in thin post-Christmas trading Friday, with the S&P 500 ending at 6,929.94, the Dow at 48,710.97, and the Nasdaq at 23,593.10. All three indexes posted weekly gains, leaving the S&P 500 up 17.8% for the year and less than 1% from the 7,000 mark. Market leadership has broadened beyond tech to include financials and small caps.