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But we saved everything 🙂.
All 11 sectors in the S&P 500 are expected to report positive EPS growth in the current reporting season, marking the broadest positive performance since the pandemic.
Sonali Basak points out, however, that despite this anticipated breadth, market leadership has been very narrow. Basak adds that there is a possibility this reporting season could help shift some of that concentration.
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Earlier this week, Sonali Basak reported that the U.S. raised $39 billion in a 10-year Treasury auction as yields climbed to multi-decade highs here. In a separate report, Basak noted that about 80 percent of 200 investors identified power as a main focus in infrastructure and AI investment here. These developments come as market participants assess sector growth and concentration in the S&P 500.