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S&P 500 Heads for Strongest Quarterly Profit Growth in Four Years

S&P 500 companies are on pace for their sharpest quarterly profit growth in four years, fuelled by strong results from the largest technology firms. Big Tech carries outsized index weight, so its earnings performance significantly lifts the blended growth rate for the whole index. The focus now shifts to whether profit gains are broad across sectors or concentrated in a few mega-cap names.

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Tag

technology-sector

S&P 500 profit eyes sharpest quarterly growth in four years after Big Tech results

S&P 500 companies are on pace for their sharpest quarterly profit growth in four years, fuelled by strong results from the largest technology firms. Big Tech carries outsized index weight, so its earnings performance significantly lifts the blended growth rate for the whole index. The focus now shifts to whether profit gains are broad across sectors or concentrated in a few mega-cap names.

2mo ago · 2 min · Markets

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