A Correction Coming for the S&P 500 Index Before Continuing its Rise

It appears that the S&P 500 Index is nearing its decline.

Analysts expect it to be a correction before continuing its rise.

Earnings growth for companies in the index is expected to slow in the second quarter

of this year, according to Bernstein. They have revised all sectors

to "Declining" except for the real estate sector.

Total earnings are expected to rise by approximately 4%,

which is approximately 13% lower than the first quarter's earnings.

Capital Economics

On the other hand, Capital Economics believes that

 the S&P 500 Index is expected to continue its rise, driven by technology companies,

especially the giant Nvidia. The company expects the index to reach

the 7,000 level by next year, 2026.

The company also stated that the current rise is driven by corporate earnings,

 not corporate valuations. It is also expected to see further gains 

from US companies by the end of next year.