The article argues that the S&P 500 ETF (SPY) is poised for another year of double-digit gains in 2026, driven by ongoing AI investment, strong earnings growth, favorable tax policies, and a potentially more accommodative monetary policy environment, despite some skepticism due to market volatility and geopolitical risks.
The US stock market is on track for its third consecutive year of double-digit gains, driven by strong corporate earnings, AI enthusiasm, and Federal Reserve rate cuts, despite geopolitical tensions and market volatility. Major indices like the S&P 500, Dow, and Nasdaq have performed exceptionally well, with tech and AI stocks leading the charge. Gold and silver prices soared, while commodities like copper and oil experienced mixed results. International markets also outperformed, supported by a weaker US dollar and global economic optimism.
The US stock market achieved its sixth three-year streak of double-digit gains, driven by AI enthusiasm, strong earnings, and Federal Reserve rate cuts, despite volatility and geopolitical tensions. Gold and silver soared, while international markets outperformed US stocks, and Bitcoin faced a slight decline.