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S&P 500 earnings growth broadens beyond the Magnificent Seven
MarketWatch says this quarter’s results show the rest of the index contributing more to earnings growth after tech led for years.
MarketWatch highlights a shift in how S&P 500 earnings growth is being generated, saying it is no longer being driven only by the Magnificent Seven.
For years, the outlet notes that the index’s earnings engine leaned heavily on that tech-led group, with the broader market playing a smaller role.
This quarter, MarketWatch reports that the rest of the market has begun pulling its weight, indicating a wider contribution to corporate earnings growth.
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