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总结
多家美媒与投研平台围绕标普500指数及其ETF（SPY）在2026年的表现发布展望。部分观点认为，尽管投资者对特朗普关税政策带来的成本上升与企业盈利压力发出警报，历史规律与市场资金面仍可能支撑指数延续双位数涨幅；也有评论提醒，估值偏高、政策不确定性与宏观波动或令“又一轮牛市”遭遇逆风。相关报道汇总了The Motley Fool、Forbes、《纽约时报》与《巴伦周刊》等对当下及未来美股前景的判断，焦点集中在盈利预期、通胀与投资者情绪的拉锯及其对市场稳定性的影响。
正文
Why the S&P 500 (SPY) is Set to Continue its Double-Digit Run in 2026 TipRanks The Stock Market Sounds an Alarm as Investors Get Bad News About President Trump's Tariffs. History Says the S&P 500 Will Do This in 2026. The Motley Fool What To Expect From The S&P 500 This Year Forbes Wall Street Sees Another Banner Year for Markets. Could Anything Stop It? The New York Times The Stock Market Won't Be Worth Celebrating in 2026 Barron's
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