Kinda where this Santa Clause rally has been going
The Dow gained 123.07 points, the S&P rose 15.60 point, and the Nasdaq added 45.84 points today. Keeping a lid on stocks’ gains today was renewed selling in oil and junk bonds, two corners of the market that have been a source of pressure on stocks recently.
Brent crude-oil prices fell today to their lowest level since 2004, falling 1.4% to $36.35 a barrel.
I added HAS as a short today to the P&L.