Major averages were slightly higher on light, half-trading day, holiday volume. The uptrend continues potentially into the New Year as seasonal strength between Christmas and New Year's is often the tradition. Of course, there are exceptions such as last year when the general markets were weak because of the uncertainty that the Fed would continue quantitative easing.
Futures are slightly higher with the jobless claims number which dropped by the most in more than a year in the latest week. A stronger economy that is not too strong perhaps is a Goldilocks scenario for the markets these days- not so strong that the Fed will end their prolonged period of low rates, but not so weak as to scare the markets into thinking the Fed has exhausted its supply of tricks and manipulations.
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