Here's where the stock market is headed in 2025, according to Wall Street's top strategists

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The smart money is broadly optimistic that stocks can still go higher, but it's also anticipating a turbulent market in the year ahead.

Wall Street is out with its 2025 outlook — and while strategists are broadly optimistic stocks can still go higher, they're also anticipating a turbulent market in the year ahead. The S & P 500 is expected to end next year at 6,630, according to the average forecast from the CNBC Strategist Survey released Friday. That level represents about a 9.6% advance from where the S & P 500 closed Thursday, in line with the historical returns of any given year for the broad market.

He also expects that strong corporate activity, including a rise in buybacks and spending on mergers and acquisitions, will also bolster the stock market. "A key reason for staying constructive is, really, being constructive on the ," Chadha told CNBC. "The broadening of the market from the market lows on Oct.

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