Flows at the start of the month drive gains
The S&P 500 is up 18 points to 2098, erasing a 9 point decline in Monday.
The new month is the driver at the moment and December is, seasonally, one of the best times of the year for stocks. That might not be the case if the Fed hikes and hits a hawkish note but for now, the equity market is pulling higher even as Eurozone stocks hit a rough patch.
December buyers in force: US stocks jump ahead of ISM non-manufacturing data
ByAdam Button
Dec 1, 2015