The Zhitong Finance App learned that with the steady support of corporate profit prospects, US stocks are resisting the impact of rising inflationary pressure and showing strong resilience. A Citigroup index shows that over the past 21 weeks, the number of analysts who raised the profit expectations of US companies continued to outnumber those who lowered them, creating the longest continuous upward cycle since September 2021.

The Zhitong Finance App learned that with the steady support of corporate profit prospects, US stocks are resisting the impact of rising inflationary pressure and showing strong resilience. A Citigroup index shows that over the past 21 weeks, the number of analysts who raised the profit expectations of US companies continued to outnumber those who lowered them, creating the longest continuous upward cycle since September 2021.