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Bear Markets and Other Fairy Tales: Dow Gains 70 Points as Goldilocks Lives On

Stocks sprang back to life today after four days of selling as jobless claims remained low and President Donald J. Trump pledged to start spending money on infrastructure come 2018. The Nasdaq Composite gained 0.5% to 6812.84. Gorilla Trades strategist Ken Berman wonders if the Santa Claus rally will arrive on schedule: Despite a big plate of the ongoing Washington DC political intrigue, the stock market is looking good, as all three major indices are higher at midday.