Wall Street strategists see further gains for the S&P 500 in 2025 as a broadening of earnings growth and a resilient US economy continue to drive the bull market rally.

A soft finish to 2024 still left stocks with a second straight stellar year. The S&P 500 logged a 23.3% gain, which follows a 24% rise in 2023. The combined gains of more than 53% was the largest two-year percentage jump for the index since year-end 1998,

U.S. stocks closed broadly lower Monday as a banner year on Wall Street looked set to finish on a sour note. The S&P 500 fell 1.1%, its third straight decline. Roughly 90% of stocks within the index lost ground.

Over 700 key calls on the impact of Donald Trump’s return to the White House, the AI revolution, global political dysfunction and China’s slowdown

The S&P 500 posted back-to-back annual gains of more than 20 percent for the first time since the late 1990s. Analysts expect stocks to continue rising in 2025.

U.S. stock indexes are starting 2025 with gains on Thursday. The S&P 500 rose 0.8% in morning trading and was on track to break a four-day losing streak that dimmed the end of its stellar 2024. The Dow Jones Industrial Average was up 317 points,