According to Jinshi Data, David Kostin, chief U.S. equity strategist at Goldman Sachs Group, said that once the dust settles on the U.S. presidential election, the U.S. stock market will continue to rise. It is expected that the S&P 500 index will be around 6,000 points in a year, an increase of about 5% from the current level. The index has risen by about 20% this year.

Kostin pointed out that the market may be somewhat volatile in the coming weeks as the showdown between Harris and Trump will be decided at the last minute. He also believes that mid-cap stocks hold opportunities, outperforming large-cap and small-cap stocks in the long run and having better valuations. Mid-cap stocks tend to outperform the market in the three-month and 12-month period after rate cuts.