Stocks are on track for a third straight year of stellar returns. Why a fourth isn’t out of the question.

After three straight years of 10% or greater returns for the S&P 500, gains in year four are typically more subdued. But that doesn’t mean 2026 won’t be another great year for stocks.

​After three straight years of 10% or greater returns for the S&P 500, gains in year four are typically more subdued. But that doesn’t mean 2026 won’t be another great year for stocks.