401K corporate matches pushing the markets higher?

[Yavin4]

This is the week that many corporations match their employee contributions to their 401K. IOW, the markets will be flooded with new stock purchases this week. Is this what's driving the markets higher this week?

[onenote]

1. No.

If you check the historical data, the stock market generally moves very little during the week between Christmas and New Year's. In some years, it has declined over that period. Volume is usually lower than normal.

[The Velveteen Ocelot]

2. Investors taking advantage of last week's slump, I think.

[ooky]

3. Bargain hunters are out today

like vultures on road kill.

[still_one]

4. No. It went up because the stocks were severely beaten down, and they believed the valuations

were a good time to buy

The same issues of uncertainty remain though.

[fescuerescue]

5. Companies stopped doing 401k matches during the downturn

Unless they started up again in the last couple years, I seriously doubt it.