美股新财报季平淡中开启，科技股走势和美联储政策如何影响后市

Group 1 - The core viewpoint of the articles highlights the ongoing volatility in the U.S. stock market, influenced by various factors including economic data, Federal Reserve policy expectations, and geopolitical risks [1][6][8] - The U.S. economy remains robust, with retail sales showing a month-on-month increase of 0.6%, surpassing the expected 0.4%, and year-on-year growth of 3.3%, exceeding the 2.7% forecast [2] - The yield curve for U.S. Treasury bonds has flattened, with the 2-year yield rising approximately 5 basis points to 3.59% and the 10-year yield increasing about 3 basis points to 4.20%, indicating a cooling expectation for interest rate cuts by the Federal Reserve [2][4] Group 2 - Major financial institutions like Goldman Sachs and Morgan Stanley have adjusted their interest rate cut expectations, pushing them to June and September respectively, while JPMorgan anticipates no rate cuts this year [3][4] - The upcoming earnings season is expected to show a 10.8% profit growth for large and mid-cap U.S. companies, with the technology sector leading at a projected 19.32% increase [6][7] - Recent market trends indicate a significant inflow of $28.18 billion into U.S. stock funds, marking the largest net purchase since October 1 of the previous year, reversing the prior week's outflow of $26.02 billion [7]