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The stock market has been on a tear since its October 12, 2022 bottom, with the S&P 500 and Nasdaq 100 up 70% and 101%, respectively.
A strong economy has dispelled any lingering fears of a potential recession, consumers are on solid footing, and perhaps most importantly, corporate earnings are rising to record levels.
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So, after back-to-back years of more than 20% returns for the S&P 500, what’s in store for 2025?
According to Wall Street, more gains, albeit not at such a fast pace.
The average 2025 year-end price target for the S&P 500 is 6,539, a potential gain of about about 8% from the benchmark index’s current levels.
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Here’s a complete rundown of what Wall Street expects to happen in the stock market next year.