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Stock impact report

Why This Stock Market Expert Says He's ‘Cautious' Heading Into 2026 [Yahoo! Finance]

Interactive Brokers Group, Inc. - Class A (IBKR) 
Last interactive brokers group, inc. - class a earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.interactivebrokers.com
Company Research Source: Yahoo! Finance
Steve Sosnick said his forecast for a modest decline from Tuesday's close was "cautious," not outright bearish. The stock market is headed for a third consecutive year of gains. One analyst warns that you shouldn't expect a fourth. Steve Sosnick, chief strategist at Interactive Brokers, expects the S&P 500 to finish next year around 6,500, more than 3% below the benchmark index's close on Wednesday Sosnick's is one of the most bearish forecasts on Wall Street. In an interview with CNBC Wednesday, however, he said he's not outright pessimistic. “It's just more of a cautious number,” he said. Sosnick echoed comments made by Bank of America's lead U.S. equity strategist, who earlier this week predicted 2026 would be a "lackluster" year for stocks. Wall Street analysts generally expect stock returns to moderate after three years of big gains driven by soaring AI stocks. Concerns about an AI bubble have weighed on the market's leaders in recent months in a potential precursor to n Show less Read more
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