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Earnings beats ease concerns over record U.S. stock rally - WSJ
['Simon Mugo', 'Sun', 'August At Am Bst', 'Min Read']
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About 86% of the more than 440 S&P 500 companies that have reported results beat analysts' estimates, according to FactSet.
The index is on course for its seventh consecutive quarter of double-digit earnings growth.
S&P 500 blended earnings have increased by roughly 50%, the strongest growth since the stimulus-driven recovery in 2021.
Alphabet and Amazon accounted for about 71% of the increase in blended S&P 500 earnings since July.
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