Traders shouldn’t bet on another year of double-digit gains for U.S. stocks in 2025, analyst warns



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Depending on how things shake out over the next few weeks, the S&P 500 could be on the cusp of a rare accomplishment: tallying a total return greater than 25% in two consecutive calendar years.

Even if it misses this milestone, the index is still poised to gain 20% or more for a second year in a row, according to FactSet data. Barring a sharp selloff between now and Dec. 31, this would be the first time since the dot-com era that the S&P 500

SPX has appreciated so strongly for two straight years.



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