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Stephanie Link: S&P 500 and Nasdaq remain positive year-to-date on stronger EPS
Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights that S&P 500 remains up 8% and Nasdaq is up 15% year-to-date, driven by better earnings per share. She also notes continued market attention on the 10-year yield.
Link has recently reported that ELAN posted 10% organic growth and raised guidance after its strongest quarter since going public. She previously noted that U.S. bank loans reached a record high, with commercial and industrial lending leading the increase. These data points highlight recent trends in corporate performance and credit markets.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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