Santa Claus rally continues, S&P 500 milestone and oil inventories: 3 things to watch for on Friday

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Santa Claus rally continues, S&P 500 milestone and oil inventories: 3 things to watch for on Friday
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Here's what you need to know for tomorrow before you leave on Thursday.

has gained an average of 1.3% during this time period, according to the Stock Trader's Almanac.both setting record highs on Thursday. On Thursday, the Nasdaq topped the 9000 level for the first time.The S&P 500 has risen about 29% so far in 2019. That's the best mark since 2013, when the index gained 29.6%.

If the index can add an extra 0.6% or so, it'll be the best year of the 21st century. The next year up the ladder would be 1997, when the S&P 500 rose 31.01%.The next look into the oil market comes on Friday morning when the Federal Reserve Bank of Dallas releases its quarterly energy survey and the U.S. Energy Information Administration releases its weekly status report.

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