Stock Market Outlook 2026: Bull Market Still Has Room to Run

As of late April 2026, the major U.S. stock indices are trading near record highs, supported by robust corporate earnings and continued optimism surrounding artificial intelligence (AI). While the broader market remains in a multi-year bull cycle, experts suggest that current valuations are "rich," leaving a thin margin for error as geopolitical tensions and shifts in Federal Reserve leadership introduce potential volatility.