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Why the S&P 500 could still advance after a Fed hike, according to a Wall Street strategist

Source: marketwatch.com

Interest Rates & YieldsMonetary PolicyEnergy Markets & PricesTechnology & InnovationAnalyst Insights
Why the S&P 500 could still advance after a Fed hike, according to a Wall Street strategist

An investment-bank analysis found that energy and information-technology stocks have, on average, delivered the strongest performance in the year following a Federal Reserve interest-rate hike. The finding suggests potential relative-sector opportunities after tightening cycles, but provides no specific return figures or new Fed policy development.

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