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Kalshi traders raise odds of S&P 500 reaching 8,000 by 2026
The updated odds were driven by a more than 5% four-day rally that pushed the index to new record highs before ending Wednesday.
CNBC Finance reports that traders on Kalshi have increased their odds for the S&P 500 to reach 8,000 in 2026.
The shift in expectations followed a strong rally that lifted the broad index to record highs, with the move topping more than 5% over a four-day run that ended Wednesday.
The report says the change reflects how market participants are recalibrating price targets after the recent advance.
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