ðŸ‡ðŸ‡° English, 13 October 2026, AI-related
US stocks dip as banking earnings roll in
Analysts expect S&P 500 third-quarter earnings to surge over 30 percent, driven by AI-related tech companies.
Analysts on average see S&P 500 third-quarter earnings surging over 30 percent, fueled largely by AI-related technology companies, according to LSEG data.
Expectations of a strong earnings season have offset worries about the US war with Iran, surging bond yields and inflation related to high oil prices.
A strong earnings season could shift investor focus away from the bond market and high interest rates, said Jake Dollarhide, CEO of Longbow Asset Management.