Key Points Reaching 9,000 from the Sept. 22 close of 7,764.64 would take a gain of about 16%, or about 12% annualized through the end of 2027. At an unchanged multiple of about 19.4 times expected earnings, 9,000 implies about $463 of expected earnings, up from about $400 today. Analysts forecast 15.2% earnings growth for 2027, leaving 2028 to deliver about 11% for the math to close. These 10 stocks could mint the next wave of millionaires › The S&P 500 (SNPINDEX:^GSPC) closed at a record 7,798.99 on Aug. 13, its 27th record close of 2026, and finished Sept. 22 at 7,764.64, putting its 2026 gain at about 13%. Through that close, the index had still never ended a day above 7,800. I think it ends 2027 above 9,000, a level about 15% higher than the Aug.
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