美股市场速览：标普500重回6000，中小盘全面跑赢

Market Overview - The S&P 500 index has returned to 6,000, with a weekly increase of 1.5% and a 4-week increase of 6.0%[3] - The Nasdaq index rose by 2.2% this week, with a 13-week increase of 7.3%[3] Sector Performance - Small-cap growth (Russell 2000 Growth) outperformed with a weekly gain of 4.0%, while small-cap value (Russell 2000 Value) increased by 2.4%[3] - The semiconductor industry led gains with a 4.7% increase, followed by media and entertainment (+3.5%) and retail (+3.0%) sectors[3] Fund Flows - The S&P 500 experienced a net outflow of approximately $9.53 billion this week, primarily due to significant outflows from Tesla, which accounted for $13.57 billion[4][19] - The semiconductor sector saw a net inflow of $2.39 billion, while the automotive sector faced a net outflow of $13.57 billion[4][19] Earnings Forecast - The dynamic F12M EPS forecast for S&P 500 constituents was adjusted upward by 0.3%, indicating stable earnings expectations[5] - The semiconductor sector showed the highest upward revision in earnings expectations at +1.0%[5] Risks - Key risks include uncertainties in economic fundamentals, international political situations, U.S. fiscal policy, and Federal Reserve monetary policy[5]