No fear of the Fed as S&P 500 hits highest since August

S&P 500 up 13 points

The S&P 500 briefly touched above last week's high to a session high of 2081.29, which is the best level since August 19.

The big surprise today would be if the Fed signalled a December rate hike. That would spark a fast reversal in today's gains.

Technically, there is very little standing in the way of a return to 2100.