Key Points The S&P 500 has usually performs poorly during midterm election years, declining by an average 18% at some point before November. The stock market usually performs well after midterm elections (as policy uncertainty dissipates), returning an average of 14% during the next six months. Wall Street's consensus estimate puts the S&P 500 at 8,085 by January 2027, which implies more than 16% upside from its current level of 6,940. 10 stocks we like better than S&P 500 Index › The S&P 500 (S ...