The S&P 500 was lifted 0.8%, looking at a record-high close. The Nasdaq composite gained 0.9%, after hitting a new intraday on the stock market today. Small caps on the Russell 2000 fared better than the major indexes and powered up 1.6%.

Stocks often rise the week of the Fed’s big Jackson Hole gathering. Don’t count on it this year. Why a ‘wall of money’ is unlikely to flood into stocks when the Fed cuts rates, this Goldman strategist says.