Trader consensus on Polymarket assigns an 88.5% implied probability to a negative Q1 return for the S&P 500, driven primarily by the index's roughly 2% year-to-date decline as of late March, leaving scant trading days for a rebound amid elevated valuations (forward P/E near 21x) following 2023's 24% surge. Persistent inflation pressures, highlighted by January's hotter-than-expected CPI (3.1% core) and February's sticky PCE data, have fueled 10-year Treasury yields above 4.3%, compressing multiples on rate-sensitive tech megacaps that dominate the index. Upcoming March nonfarm payrolls and FOMC minutes add volatility risk, but seasonal Q1 weakness and profit-taking reinforce trader bets on <0% or modest 0-2% gains as leading outcomes.
Resumo experimental gerado por IA com dados do Polymarket · Atualizado<0% 89%
0-2% 4.0%
2-3% 2.6%
3-4% 1.3%
$273,777 Vol.
$273,777 Vol.
<0%
89%
0-2%
4%
2-3%
3%
3-4%
1%
4-5%
1%
5-6%
<1%
6-8%
1%
8-10%
<1%
10%+
<1%
<0% 89%
0-2% 4.0%
2-3% 2.6%
3-4% 1.3%
$273,777 Vol.
$273,777 Vol.
<0%
89%
0-2%
4%
2-3%
3%
3-4%
1%
4-5%
1%
5-6%
<1%
6-8%
1%
8-10%
<1%
10%+
<1%
The percentage change in the S&P 500 Index (SPX) in the specified quarter will be calculated by comparing the official closing price for the S&P 500 Index (SPX) for the final trading day of the quarter to the official closing price for the S&P 500 Index (SPX) for the final trading day of the previous quarter, as reported by the Wall Street Journal. The closing price for the final trading day of the previous quarter will be subtracted from the closing price for the final trading day of the specified quarter, and then that difference will be divided by the closing price for the final trading day of the previous quarter.
Percentage changes will be rounded to two decimal places away from zero (e.g. a percentage change of 4.995% would be considered 5.00%, and a percentage change of 4.993% would be considered 4.99%)
If any relevant trading day is shortened (for example, due to a market-holiday schedule), the official closing price published for that shortened session will still be used for resolution.
If no official closing price is published for a relevant trading day (for example, due to a trading halt into the close, system issue, or other disruption), this market will use the most recent official price published by the specified resolution source as the effective closing price.
If the percentage change in the S&P 500 Index (SPX) in the first quarter of 2026 falls exactly between two listed brackets, this market will resolve to the higher bracket.
The resolution source for this market will be the Wall Street Journal, specifically the daily CLOSE prices for the S&P 500 Index (SPX) published on the S&P 500 Index (SPX) historical prices page (https://www.wsj.com/market-data/quotes/index/SPX/historical-prices).
Mercado Aberto: Jan 14, 2026, 5:52 PM ET
Resolver
0x2F5e3684c...Resolver
0x2F5e3684c...Trader consensus on Polymarket assigns an 88.5% implied probability to a negative Q1 return for the S&P 500, driven primarily by the index's roughly 2% year-to-date decline as of late March, leaving scant trading days for a rebound amid elevated valuations (forward P/E near 21x) following 2023's 24% surge. Persistent inflation pressures, highlighted by January's hotter-than-expected CPI (3.1% core) and February's sticky PCE data, have fueled 10-year Treasury yields above 4.3%, compressing multiples on rate-sensitive tech megacaps that dominate the index. Upcoming March nonfarm payrolls and FOMC minutes add volatility risk, but seasonal Q1 weakness and profit-taking reinforce trader bets on <0% or modest 0-2% gains as leading outcomes.
Resumo experimental gerado por IA com dados do Polymarket · Atualizado
Cuidado com os links externos.
Cuidado com os links externos.
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