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On Asking for a Trend, Julie Hyman joins host Josh Lipton to discuss forward earnings estimates for the S&P 500 (^GSPC) as part of the fourth edition of Yahoo Finance's Chartbook.
The data from Truist co-chief investment officer Keith Lerner emphasizes that earnings growth has been a key factor in the market rally and will continue to be crucial into 2025; Lerner calls it a "key pillar" of the current stock market rally.
Hyman refers back to Allspring Global Investments senior portfolio manager Margie Patel's comments to Yahoo Finance, who projected tech could see upwards of 20% in earnings growth in 2025 while S&P 500 revenue could "conservatively" have profit growth of at least 10%.
Follow the biggest trends and data points Wall Street's top experts are tracking with the Fourth Edition of Yahoo Finance's Chartbook.
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This post was written by Josh Lynch