<div id="readability-page-1"><div> <p>Shares of banks and other financial institutions rose amid expectations of seasonal strength in equity markets.</p> <p>   The last five sessions of the year and the first two of the new year are associated with the &#34;Santa Claus Rally,&#34; a pattern first identified by technical analyst Yale Hirsch. One strategist said the pattern was observable but not ironclad. </p> <p>   &#34;The last two years of negative Santa Claus Rally returns are a reminder that past performance is never a promise of future results,&#34; said Adam Turnquist, chief technical strategist at brokerage LPL Financial. </p> <p>   The SPDR Select Sector Financial exchange-traded fund, which tracks the financial industry group of the S&amp;P 500, ticked up, closing at the verge of an all-time high and bringing year-to-date gains to around 15%. </p> <pre></pre> <p>   Write to Rob Curran at rob.curran@dowjones.com </p> <p>   (END) Dow Jones Newswires</p> <p>   December 23, 2025 18:25 ET (23:25 GMT)</p><p>Copyright (c) 2025 Dow Jones &amp; Company, Inc.</p></div></div>

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<p>Shares of banks and financial institutions rose on hopes of a 'Santa Claus Rally,' a seasonal pattern identified by Yale Hirsch. Despite recent negative returns, the SPDR Select Sector Financial ETF neared an all-time high, with year-to-date gains of around 15%. Adam Turnquist of LPL Financial cautioned that past performance doesn't guarantee future results.</p>

Financials Up on 'Santa Claus Rally' Hopes — Financials Roundup