The U.S.
“I think investors are over-assuming a very hawkish stance by the Fed,” Stovall said.
According to preliminary data, the S&P 500 gained 13.77 points, or 0.31%, to end at 4,411.71 points, while the Nasdaq Composite gained 97.25 points, or 0.71%, to 13,866.17.
Fourth-quarter reporting season is in full swing, with 65 of the companies in the S&P 500 having posted results.