**[Bank of America Forecast: The Strong Rally of the S&P 500 Index Will Fade by 2026]** According to a report by Golden Finance, Bank of America believes that after three consecutive years of double-digit returns, the U.S. stock market will have limited room for excess gains in 2026. The bank predicts that the S&P 500 Index is likely to close at around 7,100 points by December next year, which is only about 4% higher than Tuesday's (December 2) closing price. Although U.S. companies are expected to achieve double-digit earnings growth, stock price returns will tend to flatten. Savita Subramanian, head of equity and quantitative strategy, acknowledges the risks but does not anticipate a crash; compared to 2000, current investor equity allocations are lower, earnings growth supports returns, and enthusiasm for speculative stocks is not as extreme.