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Benzinga

Business

Rishabh Mishra

Wall Street's December Surprise: What Investors Need to Know Now

David Cox Ryan Detrick CMT United States

Major U.S. indices have advanced between 18% to 27% year-to-date. The S&P 500 Index scaled its 52nd record high this year on Tuesday, Nov. 26. Bulls and Bears are locking horns as S&P 500 is on track to deliver 20% plus year-to-date gains for the second time.

What Happened: Markets have been under pressure only once in the month of December over the last 95 years, according to the data highlighted by Ryan Detrick, chief market strategist at Carson Group LLC.

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