The "Santa Claus rally" that is occurring in the stock market after the holidays is setting up an optimistic view among investors as 2026 begins. Phil Luck, a director at the Center for Strategic and International Studies, joins CBS News to explain.
Stocks rally after Christmas holiday
The Santa Claus Rally, a post-holiday surge in the stock market, is causing optimism among investors as they approach 2026, according to Phil Luck, a director at the Center for Strategic and International Studies. He discusses this trend with CBS News, offering insights into its potential implications for the global economy.