Wall Street Sees S&P 500 With Nowhere Left to Run in 2016: Chart

The S&P 500 Index has peaked for the year, according to estimates by Wall Street strategists. The average year-end target among 21 brokerages surveyed by Bloomberg fell to 2,146 as of Aug. 1, implying a 1.5 percent decline from Monday’s intraday record of 2,178.29. It’s the first time since 2014 that the benchmark for American equity has surpassed the level expected by analysts.

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