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Strong Corporate Earnings Fuel S&P 500 Growth Momentum

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The Story

News Summary

  • Robust corporate earnings growth continues for the S&P 500, with Q2 results showing a strong +40.6% increase and Q3 expectations remaining high at +22.3%.
  • The earnings momentum has broadened beyond Big Tech to include eight out of 16 Zacks sectors, indicating a solid foundation for market optimism.
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GOOGL price history

338.50 +6.53% over the displayed period

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