S&P 500 nears new record amid anticipation of US earnings reports

The S&P 500 hit an all-time high as a busy week for US corporate earnings kicked off, with Verizon Communications Inc.’s results providing a notable boost. Key financial reports from Tesla Inc. and Alphabet Inc. are expected on Wednesday.

According to Bloomberg, strong performance from large-cap companies and investors’ risk appetite continue to drive market gains, including those of the Nasdaq 100. Analysts at Morgan Stanley point to rising profits and tax savings as key factors supporting US equities.

However, Matt Maley of Miller Tabak warns that late-day declines in US stocks may signal growing investor caution and a potential market correction. Experts polled by Bloomberg also note that President Donald Trump’s tariffs could weigh on American corporate earnings, particularly affecting automakers. This could prompt investors to closely monitor US-EU trade negotiations this week.