Morgan Stanley: The impact of tech company earnings reports on the stock market will exceed the impact of the Iran war
According to Jinshi reports, Morgan Stanley strategists stated that strong U.S. corporate earnings, particularly in the booming technology sector, have overshadowed concerns about the potential pressure the Middle East conflict may place on the stock market.
The team led by Michael Wilson wrote in a report that over the past month, earnings expectations for the S&P 500 index have been revised upward across multiple time frames. Earnings expectations for the second quarter have been raised by 2%, while expectations for the full year of 2026 and the next 12 months have been increased by 3% and 4%, respectively.
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