The Zhitong Finance App learned that the US stock market ended 2025 with a third consecutive year of double-digit percentage growth. This round of the US stock bull market, which began in October 2022, has been driven by optimism about AI, falling interest rates, and continued economic growth amid concerns about the recession. The S&P 500 index rose more than 16% in 2025, after rising 23% in 2024 and 24% in 2023. However, achieving outstanding performance for the fourth year in a row in 2026 may be a difficult task, requiring strong corporate profits, the US Federal Reserve, and continued strong artificial intelligence (AI) related spending.

The Zhitong Finance App learned that the US stock market ended 2025 with a third consecutive year of double-digit percentage growth. This round of the US stock bull market, which began in October 2022, has been driven by optimism about AI, falling interest rates, and continued economic growth amid concerns about the recession. The S&P 500 index rose more than 16% in 2025, after rising 23% in 2024 and 24% in 2023. However, achieving outstanding performance for the fourth year in a row in 2026 may be a difficult task, requiring strong corporate profits, the US Federal Reserve, and continued strong artificial intelligence (AI) related spending.