Path is clear for a year-end rally with key hurdles like the tra

With trade tensions toned down, stocks have clearance to rally into year-end, a traditionally positive time for stocks.

Stocks surged to record highs in the past week, as the U.S. and China moved to announce a phase one trade deal that halts tariffs that were set to go into effect Sunday. Stocks gave up some of their best gains Friday, in a sell-the-news move after U.S. and Chinese officials announced the agreement.

“Three big geopolitical things are taken off the table — USMCA, phase one and Brexit, and even though we might not like or be fulfilled by phase one, these uncertainties are behind us,” said Sam Stovall, chief investment strategist at CFRA.

https://www.cnbc.com/2019/12/13/week-ahead-path-is-clear-for-a-year-end-rally.html