Reuters/Ilya Naymushin Stocks drifted higher on light volume on Tuesday as we close in on the long weekend and the Christmas holiday. After an ugly close on Friday stocks have now recouped most of those losses, though investors are still looking for a real "Santa Claus" rally to materialize, with the last two weeks of December typically serving as the most seasonally bullish period of the investing calendar. First, the scoreboard: Dow: 17,416, +165, (+0.9%) S&P 500: 2,039, +18, (+0.8%) Nasda...
Reuters/Ilya Naymushin Stocks drifted higher on light volume on Tuesday as we close in on the long weekend and the Christmas holiday. After an ugly close on Friday stocks have now recouped most of those losses, though investors are still looking for a real "Santa Claus" rally to materialize, with the last two weeks of December typically serving as the most seasonally bullish period of the investing calendar. First, the scoreboard: Dow: 17,416, +165, (+0.9%) S&P 500: 2,039, +18, (+0.8%) Nasda...
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