Stocks Surge on Hopes of a 'Santa Rally' as Yields Retreat and Fed Signals Possible Pause in Rate Hikes

Stock market bulls say the 'Santa rally' may have already started as equities surged in early November.

The rally comes as Treasury yields retreat sharply from recent highs.

Fed signaling it may pause rate hikes has boosted stocks and lowered yields.

While risks remain, soft landing hopes are rising and seasonality favors a year-end rally.

Analysts suggest buying tech, energy and financial stocks on pullbacks.