Sitateel: US stocks favored by majority indicators

Although the performance of AI stocks has declined, indicators in the US stock market point toward an upward trend. Nine out of ten key indices have improved over the past two weeks, led by retail investors who have returned as the primary buying force. Data also shows that the market has become more resilient and expanded, with the S&P 500 rising despite pressures on the technology sector. Strong expectations for corporate earnings in Q2 suggest an annual earnings growth of 22.4% per share. The biggest question remains: how well will companies be able to surpass earnings expectations, especially in the semiconductor sectors, amid ongoing increased risks related to earnings results in July and August.

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