S&P 500 Closes Above 5,000

What You Need To Know

• Bets that disinflation will tilt the Fed toward a rate cut are helping to fuel gains, combined with signs of economic strength.
• Another reason sustaining the stock market's strength to start the year is the outlook for corporate profits.
• Stocks may be a bit overheated at the moment, but that doesn't mean the markets are about to go off the rails, says Bret Kenwell at eToro.