December is a bullish month for stocks historically and markets are following the script so far.
The Nasdaq is leading the way to, up 1.0% and hitting a new record. It’s a nice looking breakout and comes after a softer ISM services report underscores the likelihood of a Fed cut this month.
One of the winners within the index is Amazon, which is up nearly 3% to a new record at $220 per share.
This article was written by Adam Button at www.forexlive.com.
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