MarketWatch.com - Top Stories20d ago
Why the S&P 500 could still advance after a Fed hike, according to a Wall Street strategistAIpositive
A Wall Street strategist notes that historically, energy and information technology stocks tend to post the strongest performance in the year following a Federal Reserve rate hike, suggesting the S&P 500 could keep rising despite higher rates.
Impact: The outlook may support continued buying pressure on the broader market, particularly for energy and tech equities.
Not investment advice