[$$] US bull run’s stamina faces tests after record charge

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[$$] US bull run’s stamina faces tests after record charge

The explosive growth in corporate earnings this year is underpinning the current level of the stock market. Companies in the S&P 500 have delivered earnings growth of about 25 per cent over the last two quarters. Less well-documented has been an impressive acceleration in revenue growth, which hit 10 per cent in the second quarter.

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