Markets are wrong in thinking the Fed would step in to boost falling stock prices, and investors should prepare for a volatile January, Bank of America's chief stock strategist says
Stock market news live updates: Stocks close higher as investors await more earnings results, inflation data
![Stock market today: Dow surges more than 800 points in biggest rally in 5 months after positive Pfizer vaccine news Stock market today: Dow surges more than 800 points in biggest rally in 5 months after positive Pfizer vaccine news](https://image.cnbcfm.com/api/v1/image/106787836-1604956052941-a3_img_10_57_230_1957655_1000-1604955758084.jpg?v=1604956081&w=1600&h=900)