"The peak season has passed." HSBC predicts that US stock earnings growth will hit the brakes in the second half of the year.
Wisdom Financial APP learned that HSBC Bank stated that the US stock market has experienced another round of explosive earnings reports, with the S&P 500 index expected to see a 10% increase in earnings per share in the second quarter. Currently, the proportion of companies exceeding earnings expectations is the highest in recent years, with technology and financial stocks performing particularly well. Market sentiment is improving, but is mainly concentrated in a few industries; industries heavily impacted by tariffs, such as non-essential consumer goods and essential consumer goods sectors, are performing poorly.
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