Santa Claus Rally Carries Markets to New Highs

Dec. 28 Edition. U.S. stock markets are poised to finish the year with double-digit annual returns, as investors bet that 2024 will bring interest-rate cuts from the Federal Reserve. Markets reporter Anna Hirtenstein explains what’s driving the Santa Claus rally. And after Secretary of State Antony Blinken and top Homeland Security officials met with officials in Mexico to discuss ways to slow a record influx of migrants, Tom Fairless tells us how migration is reordering politics around the world. Plus, Apple notches a legal victory letting it once again sell smartwatches. Luke Vargas hosts.  Learn more about your ad choices. Visit megaphone.fm/adchoices