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The S&P 500 Is Up 7 Days in a Row. Will the Streak Continue?

Story Highlights
  • The S&P 500 tends to perform well following seven-day winning streaks totaling at least 7%.
  • Wall Street expects the benchmark index to close the year at 7,607.
The S&P 500 Is Up 7 Days in a Row. Will the Streak Continue?

A two-week U.S.-Iran ceasefire ahead of peace talks between the two sides has ignited risk-on sentiment, with the S&P 500 (SPX) closing higher for seven consecutive trading days. Can the streak continue?

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The benchmark index has only posted seven consecutive green days with a total gain of at least 7% eight times since 1950, according to Carson Investment Research. A month later, the index is higher 85.7% of the time with an average gain of 4.4%.

Historical Data Signals Strong S&P 500 Forward Gains

The returns improve down the line, with the S&P 500 positive 85.7% of the time with an average return of 10.2% three months later. Furthermore, the forward one-year performance is positive 83.3% of the time with an average return of 14.2%.

The S&P 500 has shed 0.5% in 2026, although Wall Street remains bullish. Analysts have an average year-end price target of 7,607, implying upside of 11.5% from current levels.

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