Two months into the year, the S&P 500 Index has gone nowhere. That’s not a huge knock, given the shocks markets have endured, from geopolitical unrest to AI disruption threats.
But it’s a far cry from where Wall Street’s bulls expect the benchmark will end 2026. Despite all the potential headwinds, the average target for the S&P 500 is 10% higher from here by December’s close, same as it was when the year started. Strategists also kept their allocation weightings unchanged, according to a sell-side sentiment indicator from Bank of America Corp.