Reuters poll - Dow seen at 27,200 and S&P 500 seen at 2,900 by end-2018

According to a Reuters’ poll of Wall Street market strategists, US stocks will build on the recent recovery from a selloff earlier this month and extend a bull run that began in 2009 to rack up an over-8-percent gain for the year.

Key points:

   •  The S&P 500 Index is likely to end this year at 2,900, about 8.5 percent above 2017’s finish

   •  The poll also showed the Dow Jones Industrial Average ending 2018 at 27,200 and is forecast to end 2019 at 27,650.

   •  Strong corporate profit growth and a robust economic expansion will support further gains in stocks

   •  Fears of inflation rising sharply enough to prompt the Federal Reserve to speed up interest rate hikes will still plague the market, along with increased volatility

   •  The recent deep market losses helped to drive down the benchmark index’s price-to-earnings multiple and ease worries about lofty valuations

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