That depends on which stocks.
Fed rising rates mean they are convinced the economy is healthy. That's good for all. But, the stocks that were favored because of their dividends may back off because they'll have competition from interest income sources.
Alex
"There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge."
-- Isaac Asimov