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S&P 500 Surges on Strong Earnings | Business and Finance News
Description
The S&P 500 just delivered its strongest quarter since Q2 2020, soaring 15% despite global uncertainty — a sign that history may be repeating itself. After a similar surge in 2020, the index climbed 39% over the next year. While one quarter doesn’t define a trend, data shows that any 10% quarterly gain typically leads to a 13% annual return — better than the 15-year average. Wall Street analysts are bullish, projecting a 19% gain by July 2027, fueled by expected 24% earnings growth this year after a 28% Q1 jump. Tech leaders like chipmakers are still hot, but software giants such as Palantir, Intuit, and Oracle are now the new darlings. For a low-cost, diversified play, the Vanguard S&P 500 ETF remains a smart, steady option.
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