Since the market panic last Christmas Eve, the S&P 500 is up 37% while the trade outlook and monetary policy are more friendly to stocks.
Last year's Christmas Eve saw a major sell-off, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq all falling by more than 2%.Every sector in the S&P 500 has gained more than 10% since last Christmas.
Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on December 5, 2019 in New York. - Wall Street stocks finished slightly higher following a choppy session that avoided the big swings from earlier in the week on trade-oriented headlines. US and Chinese negotiators are working to finalize a preliminary trade deal announced in October that would block new tariffs expected to take effect this month.
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