美股又创历史新高，华尔街多空大战鹿死谁手

Group 1 - The core viewpoint of the articles highlights the recent recovery and growth of the US stock market, driven by improved corporate earnings and favorable trade agreements, particularly between the US and Japan [1][2][3] - The S&P 500 and Nasdaq indices reached new historical highs, with significant contributions from major tech companies, particularly in the AI sector [1][4] - The earnings season has shown optimistic results, with Alphabet's revenue and profit exceeding Wall Street expectations, indicating strong performance in the digital advertising market [1][5] Group 2 - The market's recent rise is attributed to multiple factors, including the belief in a "TACO trade" becoming the norm and expectations of a soft landing for the US economy, with potential interest rate cuts by the Federal Reserve [2][6] - The performance of the "seven giants" in the tech sector has shown significant divergence, with companies like Nvidia and Meta performing well, while Tesla and Apple have struggled [4][5] - The AI action plan released by the White House signals a shift in federal policy towards AI development, which may further boost the tech sector's growth [2][6] Group 3 - Analysts suggest that the ongoing earnings growth is crucial for sustaining the bullish trend in the stock market, with expectations that corporate profits will continue to exceed forecasts [6][7] - The potential for a market pullback exists, as some analysts warn of overly optimistic investor sentiment, but the overall outlook remains positive if earnings growth continues [7][9] - The impact of the "Big and Beautiful" act on corporate earnings may provide a temporary boost, but concerns about rising fiscal deficits and long-term inflation remain [8][9]