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AI bubble hold back 'Santa Rally' in stocks: analyst
Yahoo Finance· 2025-12-15 15:27
The so-called "Santa Rally" for Wall Street isn't getting off the ground. One financial analyst predicted a holiday-themed rally once the Federal Reserve slashed interest rates by another quarter-point in December. However, fresh fears about a bubble in the growing AI sector is dampening enthusiasm in the stock market, he said. "It’s starting to look a lot like Christmas," Kyle Rodda, a senior financial market analyst for Capital.com, said in an investor note. "But despite that, the Santa Rally hasn’t r ...