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BlockBeats News, May 4th, a Morgan Stanley strategist stated that strong U.S. corporate earnings, especially in the thriving tech sector, have overshadowed concerns about the Middle East conflict possibly putting pressure on the stock market. Michael Wilson's team wrote in a report that over the past month, earnings expectations for the S&P 500 Index have been revised upward in multiple time frames. Earnings expectations for the second quarter were raised by 2%, while full-year 2026 and the next 12 months' earnings expectations were increased by 3% and 4% respectively. (FX168)

Golden Finance May 4｜Morgan Stanley strategists stated that strong US corporate earnings, especially in the booming technology sector, have overshadowed concerns that Middle East conflicts may put pressure on the stock market. In a report, the team led by Michael Wilson wrote that over the past month, S&P 500 earnings expectations have been revised upward across multiple periods. Second quarter earnings forecasts have risen by 2%, while full-year 2026 and next 12-month earnings estimates have been raised by 3% and 4%, respectively.

BlockBeats News, May 4th, following reports of Iran striking a US military vessel, S&P 500 index futures fell by 0.55%, Dow Jones index futures fell by 0.73%, and Nasdaq 100 index futures fell by 0.51%. Crude oil continued to rise, with Brent crude surpassing $111 per barrel, up 3.75% intraday; WTI crude surged by 5.54% intraday.