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Market Strategist Highlights High Earnings Expectations Amid AI Sector Concentration
Jordan Jackson, Global Market Strategist at JPMorgan Asset Management, discussed the approaching earnings season and the challenges posed by elevated market expectations. While S&P 500 earnings growth is projected at over 20% for the quarter, excluding technology sectors reduces growth estimates to around 11%, which still represents solid double-digit expansion. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
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