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Weekly Wrap 28 November
After an impressive 83% of S&P500 companies beat their earnings forecasts, what is next for US equities? The US market has picked up steam again, spurred by strong Q3 results and solid performance in the high-flying AI sector, while financials also proved a standout performer. Bell Potter’s analysts share their views on where the rally is headed, their outlook for the medium term, and factors impacting the market to look out for.
In this week’s wrap, Sophia covers:
- (0:18): an overview of US third quarter earnings
- (1:05): how the AI sector is showing return on investment
- (1:57): Bell Potter’s outlook for the US market
- (2:20): how the local market performed this week
- (3:29): the most traded stocks and ETFs this week
- (4:04): economic news items to look out for next week.
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