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US stock market may post annual 'Santa Claus Rally' this time also

Equities surge on stellar jobs report in November and signs of compromise from Beijing

Investors took the jobs report, which also showed the jobless rate at a low of 3.5% and wage growth of 3.1%, as a sign that the US economy had survived the economic war with China unscathed so far.

THE "Santa Claus Rally" - the tendency of the US stock market to reach its annual peak in December - looks set to repeat itself this year.

US stocks surged to the brink of new record highs last week after a stellar November jobs report and signs of a compromise from Beijing, and those...

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