---
title: "全球收益的激增推動了市場的上漲，但風險也在不斷增加"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/287144827.md"
description: "2026 年第一季度，標普 500 公司的盈利同比激增 21.1%，達到創紀錄的 6898 億美元。科技、媒體和電信行業貢獻了該指數年初至今 10% 漲幅的 85%，尤其是受人工智能基礎設施股票的推動。然而，債券收益率上升、高油價以及印度等市場的貨幣壓力對這一反彈的可持續性構成了風險"
datetime: "2026-05-21T02:11:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287144827.md)
  - [en](https://longbridge.com/en/news/287144827.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287144827.md)
---

# 全球收益的激增推動了市場的上漲，但風險也在不斷增加

Earnings hit records: Q1 2026 earnings for most S&P 500 companies jumped 21.1% year-over-year, setting a new quarterly record of $689.8 billion. Tech-led concentration: Technology, media, and telecom accounted for 85% of the S&P 500’s 10% YTD gains, with AI infrastructure stocks seeing massive earnings upgrades. Macro risks ahead: Rising bond yields, high oil prices, and currency pressures in markets like India could threaten the rally’s durability.

### 相關股票

- [.SPX.US](https://longbridge.com/zh-HK/quote/.SPX.US.md)
- [SPY.US](https://longbridge.com/zh-HK/quote/SPY.US.md)
- [QQQ.US](https://longbridge.com/zh-HK/quote/QQQ.US.md)
- [VOO.US](https://longbridge.com/zh-HK/quote/VOO.US.md)
- [VUG.US](https://longbridge.com/zh-HK/quote/VUG.US.md)
- [IUSG.US](https://longbridge.com/zh-HK/quote/IUSG.US.md)
- [IWF.US](https://longbridge.com/zh-HK/quote/IWF.US.md)
- [MGV.US](https://longbridge.com/zh-HK/quote/MGV.US.md)
- [MGK.US](https://longbridge.com/zh-HK/quote/MGK.US.md)
- [SPXL.US](https://longbridge.com/zh-HK/quote/SPXL.US.md)
- [VTV.US](https://longbridge.com/zh-HK/quote/VTV.US.md)
- [SPUU.US](https://longbridge.com/zh-HK/quote/SPUU.US.md)
- [SCHG.US](https://longbridge.com/zh-HK/quote/SCHG.US.md)
- [UPRO.US](https://longbridge.com/zh-HK/quote/UPRO.US.md)
- [IVV.US](https://longbridge.com/zh-HK/quote/IVV.US.md)

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