The S&P 500 has seen a 10% year-to-date increase, outperforming its average annual return of 9.3% over the last 40 years. However, September historically brings a 2% drop on average, making it the worst month for U.S. stocks.

Wall Street analysts forecast a median year-end target of 6,500 for the S&P 500, indicating a 1% upside from its current level. Despite strong corporate earnings, analysts expect limited movement in the index through December due to economic uncertainties and historical trends.

18 Wall Street analysts have provided varying year-end targets for the S&P 500, with a median of 6,500. Analysts predict little change in the index’s value in the remaining months of the year, advising caution and strategic stock selection. Investors should consider high-conviction stocks and maintain cash reserves.

Read more at Nasdaq: The S&P 500 Is Roaring by Record Highs. History Says the Stock Market Will Do This Next.