Global Equities May Rise Further in Near Term -- Market Talk
Dow Jones
Jul 17, 2025
0639 GMT - Global equities may rise further in the near term, before greater downside risks materialize in 4Q, HSBC analysts say in a research note. "We believe the market is underestimating the potential for a big U.S. earnings beat in 2Q," the analysts say. Front-loaded demand should deliver at least a temporary boost for 2Q earnings per share, rather than the sequential decline expected, they note. However, this pull-forward raises the risk of a sharper slowdown in 2H, HSBC says. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
July 17, 2025 02:39 ET (06:39 GMT)
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