S&P 500 Profit Growth Accelerates
S&P 500 earnings growth is fastest in nearly 5 years, driven by non-Big Tech companies. The broader index is contributing to profit growth, not just the top names.
Ever since Big Tech went all in on artificial intelligence more than three years ago, seven companies have done the heavy lifting for overall S&P 500 earnings growth.
But more recently, the other 493 names in the index have started to pull their weight.