The S&P 500 has delivered a compound annual return of 10.5% since it was established in 1957. However, the index is coming off back-to-back annual gains of more than 25% in 2023 and 2024, which is something it has only achieved one other time in its history (during the dot-com tech boom in 1997 and 1998).

Across Wall Street, 44 publicly traded companies were upgraded Tuesday to an equivalent rating of "buy" or "neutral."