Energy, tech lead strong Q2 earnings expectations for S&P 500

UBS said second-quarter S&P 500 earnings season remains solid as 62.5% of index market cap has already reported. The firm projects Q2 revenue growth of 13.5%, with earnings per share also showing a strong increase. The update suggests broad corporate results are still supporting equity sentiment, reinforcing the resilience of large-cap U.S. stocks despite market volatility. For the broader market, the data points to continued earnings momentum that could help underpin the S&P 500 and related U.S. equity ETFs if results stay on track.