Skip to content

AI predicts S&P 500 index for year-end

AI predicts S&P 500 index for year-end
Jordan Major

The S&P 500 index (SPY) has soared to new all-time highs, smashing records and rallying past the 5,900 mark for the first time in history. 

This remarkable surge came on the heels of the 2024 U.S. presidential election, which saw Donald Trump reclaim the White House in a historical comeback. 

Notably, the market’s bullish response reflects investor optimism, with Trump’s pro-business policies and economic focus likely to set the tone for the next four years.

In early trading on Wednesday, November 6, the S&P 500 futures added a staggering $800 billion in market cap. Meanwhile, the U.S. Dollar also hit its highest level since July 2024, signaling a broader bullish sentiment across financial markets.

Trump Presidency market performance history

For context, the S&P 500 had previously thrived during Trump’s first term, exhibiting significant growth with occasional volatility:

  • 2017: +19.42%
  • 2018: -6.24%
  • 2019: +28.88%
  • 2020: +16.26%

Trump’s presidency was marked by robust economic policies, tax cuts, and regulatory rollbacks, which contributed to notable market gains. The current rally following his 2024 victory suggests that investors anticipate a similar economic environment, one focused on growth and reduced regulation.

Record-setting opening bell surge

The election results sent shockwaves through Wall Street. At the opening bell, major indexes reflected the market’s enthusiastic reaction, the S&P 500: Rose 82.1 points, or 1.42%, to reach 5,864.89. The Dow Jones Industrial Average: Climbed 628.5 points, or 1.49%, opening at 42,850.4 and the Nasdaq Composite: Gained 333.6 points, or 1.81%, reaching 18,772.76.

S&P 500 recent ascent above 5,900. Source: Finbold

With the S&P 500 and Dow Jones scaling new all-time highs, the question arises: how much further could this rally extend by the year-end?

AI prediction year-end outlook for S&P 500

Considering the current trajectory and the market’s optimistic response to the election results, it’s plausible that the S&P 500 could maintain its upward momentum through December. With investor sentiment buoyed and key sectors like technology, financials, and industrials showing strength, the index may push even further into uncharted territory.

Based on AI-driven projections and market trends, the S&P 500 could see further gains before the year is out. Taking into account historical performance under Trump’s previous term and the present market climate, ChatGPT projects that the S&P 500 could potentially close around 6,200 by the end of 2024.

“Given the robust rally and positive market sentiment following Trump’s election win, there is a high probability that the S&P 500 could reach 6,200 by year-end. This projection aligns with historical performance patterns and anticipates continued strength across major sectors in the final months of the year.”

The S&P 500 is riding a historic rally, fueled by renewed investor confidence following Trump’s return to the White House. The index’s recent ascent above 5,900 and the continued strength across major sectors indicate that there may be further upside potential as we head toward year-end. 

Wall Street will be closely monitoring Trump’s next moves and the Federal Reserve’s policy signals — both of which could ultimately determine whether this rally has the staying power to redefine the market’s upper limits.

Featured image via Shutterstock

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.