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Wall Street trades flat as investors eye continuation of Santa Claus rally
US stocks traded narrowly mixed in light post-holiday volumes as investors watched whether the Santa Claus rally could extend into year-end sessions.
US equity markets were largely steady in thin post Christmas trading as investors returned for a shortened session ahead of the weekend. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite hovered near the flatline, reflecting limited participation and cautious positioning. With major indices already sitting near record levels, traders focused on whether year end momentum could extend the so called Santa Claus rally.