Comment on S&P 500 Falls Just Short of Record Entering Final Weeks of Year

S&P 500 Falls Just Short of Record Entering Final Weeks of Year

NEW YORK (TheStreet) -- The Federal Reserve brought some much-needed holiday cheer midweek, triggering a three-day rally which saw major indexes jump more than 3% over the past five sessions. The market gains were broad and plentiful after Fed Chair Janet Yellen pledged patience in raising interest rates next year. The S&P 500 added 0.45%, mere points below its all-time closing high of 2,075 reached early December.

 

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