PANews May 4 news, according to Jin Shi report, Morgan Stanley strategists stated that strong U.S. corporate earnings, especially in the booming technology sector, have overshadowed concerns about the potential impact of the Middle East conflict on the stock market. The team led by Michael Wilson wrote in a report that over the past month, earnings expectations for the S&P 500 have been revised upward across multiple timeframes. Earnings expectations for the second quarter have been raised by 2%, while the expectations for the year 2026 and the next 12 months have been increased by 3% and 4% respectively.

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