[LPL Financial Analyst Says Fed's Rate Hike After Pause Has Limited Impact on Stock Market] LPL Financial analyst Adam Turnquist stated that when the Federal Reserve transitions to raising interest rates after a prolonged pause, the stock market typically manages to adapt smoothly. When the Fed had previously cut rates before pausing, the S&P 500 Index averaged a 12-month return of 7.8% following the first rate hike after the pause, compared to an average return of 0.8% during periods when rate hikes preceded a pause, showing better market performance. The Fed had cut rates last December, and this time, maintaining the current rate is expected to conclude with a rate hike later today. (Source: Jin10)