The S&P 500 has experienced historic gains this year and remains within striking distance of its all-time high heading into 2026.
Traders and economists have expressed optimism that the S&P 500 could soon surpass its previous closing record of 6,890.89, reached on October 28, 2025. The index opened Thursday at 6,866.47 and closed at 6,857.12.
During an interview Thursday on “The Claman Countdown” on Fox Business, BNY Wealth head of investment strategy and equities Alicia Levine offered a bullish outlook for the coming year.
“We think that the S&P is going to rise about 10-to-12 percent next year on the basis of earnings that are up 13-to-14 percent next year,” Levine said. “Our high on the range is 7,600 right now.”
Mounting evidence of a cooling labor market has also strengthened Wall Street’s expectations that the Federal Reserve will deliver a quarter-point rate cut at its Dec. 10 meeting, the final meeting of the year. Traders see an 87% probability of a cut next Wednesday, according to the CME FedWatch tool.
With 2025 drawing to a close, prediction market Kalshi is now offering users the chance to win money by predicting how the S&P 500 will finish out the year.
Kalshi percentages for S&P 500 close price at the end of 2025
Kalshi’s predictive market for the S&P 500 includes several closing ranges for users to trade on by purchasing “Yes” and “No” event contracts.
Here is a look at which closing ranges users are trading the most.
- 6,800 to 6,999.99: 41%
- 7,000 to 7,199: 30%
- 6,600 to 6,799.99: 16%
- 7,200 to 7,399.99: 6%
- 6,400 to 6,599.99: 5%
- 6,200 to 6,399.99: 3%
- 7,400 to 7,600: 2%
- 6,000 to 6,199.99: 2%
NOTE: Kalshi’s percentages are based on the information available when writing. Percentages are subject to change. The percentages above were listed after stock markets close on Dec. 4. Click here to view the active market for S&P close price end of 2025.
How to predict the S&P 500 using Kalshi
Kalshi offers “Yes” and “No” contracts for current events, politics, weather, sports and more. Users trade event “contracts” similarly to how they trade stocks and get paid if they correctly predict the outcome.
The title for this market is: “S&P close price end of 2025?”
Similar to stock prices, supply and demand move the prices of Kalshi’s “Yes” and “No” event contracts. Kalshi lists percentages and prices in cents next to markets.
These types of picks and predictions can experience drastic shifts, but the platform’s wide variety of markets makes it one of the most intriguing up-and-coming trading markets in the industry.
To determine how much you can win in a prediction market, click on your selection and input the amount you want to buy.
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