Will large-cap tech stocks and bank stocks jointly support this round of US earnings season? The market might be waiting for a "buying point".
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As the first-quarter earnings season approaches, the focus of the U.S. stock market is returning to a core question:
Can profits continue to support current valuations?
Based on the latest expectations, the answer is leaning positive—but structurally, it's also more concentrated than the market imagined.
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