<p>Bret Kenwell of eToro pointed out that the stock market momentum is strong, with over 80% of S&amp;P 500 constituents exceeding earnings expectations this fiscal quarter.
Both technical and fundamental factors have contributed to the formation of a bull market.
Although unexpected risks may arise in the second half of 2025, corporate earnings are performing better than expected, and the Federal Reserve is gradually approaching interest rate cuts.
As long as the economy holds up, the stock market faces catalysts for continued upward movement</p>

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<p>Bret Kenwell from eToro pointed out that the stock market momentum is strong, with over 80% of S&P 500 component companies reporting earnings that exceeded expectations. Both technical and fundamental factors are supporting the bull market. Although there may be risks in the second half of 2025, corporate earnings are performing well, the Federal Reserve is nearing interest rate cuts, and economic stability will drive the stock market to continue rising</p>

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