The stock market forecasts for 2016 are rolling in. Wall Street steadily lowered its expectations for the stock market as 2015 unfolded. On Friday, the S&P 500 traded near 2,090, and the median year-end target on the index was 2,150 according to Bloomberg data. Last December, it was 2,213. Based on the forecasts we've received so far, even the most bullish strategists expect that 2016 will be a modest year for the market.