Stocks are primed for another big stock market gain in 2025 given U.S. economic strength and likely deregulation under President-elect Donald Trump, according to Wells Fargo. The Wall Street bank expects the S & P 500 will advance to 6,600 by the end of 2025. That implies upside of more than 11% from Tuesday's close. The broader index closed Tuesday at 5,916.98, and was last trading around the 5,870 level.
"A corporate tax cut remains a possibility, although the timing and amount remain uncertain." .SPX YTD mountain S & P 500 Wells Fargo is the latest big firm to release its 2025 S & P 500 year-end target, with virtually all shops thus far anticipating a roughly 10% gain or more for the broad market index. Goldman Sachs' David Kostin this week said he expects the S & P 500 to end next year at 6,500. Morgan Stanley's Mike Wilson issued a similar outlook at 6,500.