The S&P 500 index will close the year at 1090, up 5.2% from Monday's...

The S&P 500 index will close the year at 1090, up 5.2% from Monday’s close of 1036.17, according to a forecast by Standard & Poor’s. David Wyss, chief economist, predicts "a modest turnaround in the equity markets over the next six months,” fueled by economic growth forecasts of 2.8% in the third quarter and 5% in the fourth quarter.