---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/37354769.md"
description: "Will the bull market continue next year?The year-to-date rise in the S&P 500 index has been almost entirely driven by earnings growth. However, if we conduct the same earnings analysis on the Nasdaq 100 index, the Mag 7 index, or even small-cap indices, we find that the valuations of these indices have actually contracted significantly."
datetime: "2025-12-24T09:24:45.000Z"
locales:
  - [en](https://longbridge.com/en/topics/37354769.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/37354769.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/37354769.md)
author: "[复利魔方3650](https://longbridge.com/en/profiles/7185361.md)"
---

# Will the bull market continue next year?The year-t…


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## Comments (2)

- **棕榈树 · 2025-12-24T10:23:17.000Z**: Caution may be needed after the midterm elections
- **Florana · 2025-12-24T09:44:58.000Z · 👍 1**: Remain optimistic and cautious next year