Stocks Edge Higher as Oil Prices Ease; JPMorgan 's Meera Pandit

Mira Pandit of JPMorgan Asset Management discussed the current earnings outlook amid easing oil prices and ongoing geopolitical tensions. Despite oil pulling back from wartime highs, JPMorgan analysts project that oil prices between $110 and $120 per barrel over six months could reduce earnings per share by 4 to 6%, yet still support double-digit earnings growth overall. Earnings growth expectations have been revised upward from 15% to nearly 19% year-over-year, driven primarily by energy and resilient technology sectors. (Source: Bloomberg)