Wall Street's bullish sentiments maintained expectations for the S&P 500 to surpass 7000 points by the end of 2025.

Most Wall Street stock market strategists have abandoned their high expectations for 2025, but one bull remains steadfast: Christopher Harvey of Wells Fargo Securities. He predicts that the S&P 500 index will reach 7007 points by the end of this year, in line with his forecast at the beginning of 2025. Currently, the index is at 5672 points, having risen more than 10% in the past nine trading days, marking the longest upward trend in over twenty years. Harvey's estimate assumes that the U.S. stock market benchmark index will rise another 24% in the next eight months.