Guoxin Securities·2025-06-15 07:06Investment Rating - The report maintains a neutral investment rating for the U.S. stock market [1] Core Insights - The U.S. stock market experienced a pullback due to escalating geopolitical conflicts, with the S&P 500 declining by 0.4% and the Nasdaq by 0.6% [3] - Among 24 sectors, 7 sectors saw gains while 17 sectors experienced declines, with the automotive and automotive parts sector leading gains at +9.4% [3] - The report indicates a net inflow of $4.93 billion into S&P 500 constituents, reversing the previous week's outflow of $8.74 billion [4][19] - Earnings expectations for S&P 500 constituents were adjusted upward by 0.3%, with 22 sectors seeing an increase in earnings forecasts [5] Summary by Sections Price Trends - The S&P 500 and Nasdaq saw declines of 0.4% and 0.6% respectively, with the automotive sector showing the highest increase at +9.4% [3] - The report highlights that large-cap growth and value stocks performed similarly, both down by 0.5% [3] Fund Flows - The report notes a significant net inflow of $4.93 billion into S&P 500 stocks, with the automotive sector attracting $4.64 billion [4][19] - The software and services sector also saw a notable inflow of $2.65 billion [19] Earnings Forecasts - The report indicates a 0.3% upward adjustment in the dynamic F12M EPS expectations for S&P 500 constituents, with the semiconductor sector leading the upward revisions at +0.5% [5] - Only two sectors saw downward revisions, with the automotive sector experiencing a decrease of -0.2% in earnings expectations [5]