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Morgan Stanley: Tech company earnings reports will have a greater impact on the stock market than the Iran war.
Mars Finance News, according to Jintiao reports, Morgan Stanley strategists say that strong corporate earnings in the United States, especially the booming technology sector, have overshadowed concerns that the Middle East conflict could pressure the stock market.
Michael Wilson’s team wrote in a report that over the past month, earnings expectations for the S&P 500 index have been raised across multiple time periods.
Q2 earnings expectations were increased by 2%, and full-year 2026 and the next 12 months’ earnings expectations were raised by 3% and 4%, respectively.