The Zhitong Finance App learned that Eric Johnston, an analyst at investment bank Cantor Fitzgerald, is still optimistic about the US stock market as it enters the end of the year, and expects technology stocks to lead the market to a further rise. The bank's market outlook is based on continued rise in corporate profit expectations and strong growth in economic fundamentals, and artificial intelligence (AI) capital expenditure is the main catalyst driving the rise in the market.

The Zhitong Finance App learned that Eric Johnston, an analyst at investment bank Cantor Fitzgerald, is still optimistic about the US stock market as it enters the end of the year, and expects technology stocks to lead the market to a further rise. The bank's market outlook is based on continued rise in corporate profit expectations and strong growth in economic fundamentals, and artificial intelligence (AI) capital expenditure is the main catalyst driving the rise in the market.