Where a major stock index stands and is heading

Pick a major equity index. Where is it trading today, how has it moved over roughly the last two years, and where do you think it goes in the next few months?

Know the numbers before you walk in. Quote the current level, sketch the two-year path with the main drivers (rates, earnings, macro shocks), then give a clear short-term view with reasons and what would change your mind. Interviewers care less about being right than about preparation and a reasoned, committed view.