U.S. stocks are at historical highs, and corporate earnings expectations for the earnings season are optimistic

ChainCatcher news, according to Jin10, the U.S. stock market is at a historical high, and the earnings season is approaching. The market's expectations for U.S. corporate profit growth continue to improve, and the upward trend in the stock market is expected to continue. Data shows that among the S&P 500 index constituents, over 22% of companies are expected to exceed analyst expectations, while the proportion of companies issuing lower-than-expected profit forecasts has dropped to the lowest level in four quarters. Wall Street analysts expect the earnings growth rate for S&P 500 constituent companies in the third quarter to reach 6.9%.