Here's what 18 Wall Street pros are predicting for the stock market in 2016

Many Wall Street strategists started out the year forecasting that stock-market returns would be modest, if not unspectacular.

But in the first few weeks of 2016, stocks have turned more sour than expected.

The market had its shakiest start to a year ever, the S&P 500 is down 9% year-to-date, and global stocks fell into a bear market.

And so it's no surprise that some pros have lowered their year-end expectations.

Still, the consensus remains that the drawdown in stocks is a normal correction that likely will not be accompanied by an economic recession, and the six-year-old bull market is still alive.

None of the 18 top equity strategists we tracked sees the S&P 500 ending the year below 2,000, or 7% higher than where it closed Friday.

We've rounded up the calls from the top firms on Wall Street, highlighting those who have revised their forecasts, and why.