Morgan Stanley: Tech Earnings to Have Greater Impact on Stock Market Than Iran Conflict

According to Odaily, Morgan Stanley strategists stated that robust U.S. corporate earnings, particularly in the thriving technology sector, overshadow concerns that Middle East conflicts could pressure the stock market. A team led by Michael Wilson wrote in a report that over the past month, earnings expectations for the S&P 500 have been revised upward across multiple timeframes. Second-quarter earnings expectations increased by 2%, while full-year 2026 and forward 12-month earnings expectations were raised by 3% and 4%, respectively. (Jin Shi)