Stocks on Wall Street surrendered early gains and closed broadly lower Friday after the White House said President Donald Trump would impose promised tariffs on key U.S. trading partners. The S&P 500 fell 0.

And despite historically high valuations, most Wall Street analysts expect the stock market to continue moving higher in the remaining months of the year. Here's what investors should know. Most Wall Street analysts anticipate strong returns in 2025 Shown below are year-end targets for the S&P 500 in 2025 set by various Wall Street banks and research firms.