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总结
报道称，2025年股市显著走强并带动投资者情绪回暖，多家媒体在年末节点梳理推动市场上行的主要因素，并追问2026年可能出现的走势分化。专家观点强调，利率与通胀走向、经济增长与衰退风险、企业盈利与估值水平等变量将影响风险资产表现；在不确定性仍高的背景下，市场或在高位震荡并对政策与数据更敏感，投资者需关注风险管理与资产配置。
正文
The stock market surged in 2025. What do experts think could happen in 2026? ABC News 5 themes that defined business and markets in 2025: Morning Squawk CNBC Here are 5 key charts that defined a wild year for global financial markets MarketWatch 'You Had to Be Brave': Wall Street Remembers a Wild 2025 Yahoo Finance The Top Stories That Made Waves in 2025 Bloomberg.com
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