Will the Stock Market Soar Again in 2026? Wall Street Has a Clear Answer for Investors.

Key Points The S&P 500 has suffered an average intra-year decline of 18% during midterm election years, and volatility may be heighted in 2026 because of President Trump's tariffs. The S&P 500 currently trades at 22.2 times forward earnings, a rich valuation seen during just two periods in the past: the dot-com bubble and the Covid-19 pandemic. The median forecast among 19 Wall Street investment banks and research organizations puts the S&P 500 at 7,600 by the end of 2026, implying 11% upside from it ...