Tech and energy drive record S&P 500 earnings momentum

MSN
2026.05.21 02:41
portai
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In Q1 2026, S&P 500 earnings hit a record $689.8 billion, a 21.1% increase year-over-year, driven by strong growth in the tech and energy sectors. Despite declines in transportation, autos, medical, and consumer discretionary sectors, positive estimate revisions suggest continued momentum, even as valuations rise.