S&P 500 Index Expected to Achieve Strongest Earnings Growth Since 2021

On May 22, as growth momentum expands from AI-driven gains to most U.S. companies, the S&P 500 index is poised to achieve its strongest earnings growth in five years. According to data from institutions, approximately 93% of companies in this benchmark index have reported their earnings, with 83% of them exceeding analysts' expectations. This percentage is the highest level since 2021. The data shows growth across various sectors, with the exception of healthcare. Overall, strong performances in the energy and technology sectors offset the decline in consumer confidence caused by rising oil prices due to the Iran war. Additionally, the communication services and consumer discretionary sectors performed particularly well, while the materials and industrial sectors also exceeded expectations.