[Not Just Tech Giants: Morgan Stanley Expects U.S. Stock Rally to Continue Spreading] Jin10 Data, July 13 – Morgan Stanley strategists stated that beyond tech giants, other U.S. stocks are also likely to report strong earnings during this earnings season, further driving the stock market rally to expand. The team led by Michael Wilson noted that the median earnings growth rate per share for companies in the S&P 1500 Composite Index currently exceeds 10%, marking the best performance since the post-pandemic recovery. Additionally, analysts are still raising profit forecasts for the consumer discretionary and transportation sectors, both of which are closely tied to economic growth. "We expect the market's upward momentum to continue broadening, driven by the earnings resilience of median stocks." The second-quarter earnings season will kick off on Tuesday, with major banks leading the release of results. According to compiled data, analysts anticipate a 23% profit growth for S&P 500 index constituent companies, which would represent one of the strongest periods in history outside of recovery phases following major economic recessions.