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0 0.000517727110746523 -0.000235330504884728 0.00059841185527853 -0.00132457455606583 -0.0007261627007873 -0.00103141998426639 2.28606776174504E-05
Stock impact report

U.S. stocks hover at record highs in quiet trading after the Christmas holiday [CBS News]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: CBS News
The session falls within the Santa Claus Rally, a historically strong seven-day stretch for stocks that spans the final days of December and early January, though trading volumes are often thin. The S&P 500 index slipped 8 points, or 0.1%, to 6,923 as of noon EST. The Dow Jones Industrial Average declined 0.2%, while the Nasdaq was down less than 0.1%. The Santa Claus Rally, which starts on the last five trading days of December and stretches into the first two trading days of January, was first identified by market technician Yale Hirsch in 1972. This year, that means the period began on Dec. 24 and will end on Jan. 5. "History shows a clear pattern: since 1950, the S&P 500 has averaged a 1.3% return during this period, with positive results occurring 78% of the time," wrote Adam Turnquist, chief technical strategist at LPL Financial, said in Dec. 23 research note. He added, "For comparison, the market's typical seven-day average return is just 0.3%, with a positivity rate of Show less Read more
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