With the risk of inflation rising, strong profit prospects for US companies are supporting US stocks. According to a Citigroup index, US corporate profit expectations have been rising more than declining for the 21st week, the longest continuous round of increases since September 2021.

With the risk of inflation rising, strong profit prospects for US companies are supporting US stocks. According to a Citigroup index, US corporate profit expectations have been rising more than declining for the 21st week, the longest continuous round of increases since September 2021.