Lates News

The recent slight sell-off in the US stock market has shaken most of the pillars of the three-year bull market. However, the foundation of corporate earnings remains unaffected so far. These concerns collectively led to a nearly 1.7% decline in the S&P 500 index on Thursday, which is the third time in eight trading days that the decline has reached or exceeded 1%. Other risk assets also suffered losses, with bitcoin falling back below $100,000 and small stocks plummeting by 2.8%. For bullish investors, the unstable market will focus more on profits. As another earnings season enters its final stage, one thing is clear: despite many uncertainties, executives remain optimistic about future profits. Scott Ladner, Chief Investment Officer at Horizon Investment, said, "This is a very strong earnings season, everything is related to profit expansion. The market may experience selling, but with profit margins near historical highs, this may be another opportunity to buy on dips."