Week Ending 5/8/2026

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MARKET RECAP

  • Another up week, US stocks +2.13% and international stocks +2.96%.
  • A big reason stocks are moving up, despite the lack of a peace settlement with Iran and the Strait of Hormuz being closed, is that earnings estimates have really been shooting higher. Look at the estimates for 2026 and 2027 below.

 

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