After a brief omicron scare, the Dow is now poised for the best start to a December in 24 years. Here's what history says happens next.

A series of gains for the Dow Jones Industrial Average DJIA, +1.40% is setting the stage for its best start to a December, a notably bullish month for stocks, since 1997, according to Dow Jones Market Data.

At last check, the Dow was up 544 points, or 1.6%, to around 35,768, up nearly 1,200 points in the past two sessions. Concerns about the Federal Reserve’s monetary policy plans also haven helping to cap gains for investors. The Fed is expected to accelerate the tapering of monthly purchases of Treasurys and mortgage-backed securities, which had buttressed the market during the height of pandemic volatility but have been deemed unnecessary as evidence of surging inflation grows.

So how does the Dow perform when it sees a gain of at least 3% in the first five sessions in December?

2022, im going to visit you again... 😂

horrible

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Dow leads Wall Street higher with 2% gain; cyclicals in vanguardThe Dow led Wall Street shares higher on Monday, as economy-linked banks and energy stocks charged back and fear about the Omicron variant eased, even as investors braced for another roller-coaster ride like last week's. Let's hope it will go up like this forever
Source: Reuters - 🏆 2. / 97 Read more »