S&P 500 earnings guidance momentum reaches highest level since at least 2011

Bloomberg Intelligence data, cited in a Daily Chartbook post, shows that more S&P 500 companies are raising earnings guidance than holding or lowering it. Guidance momentum is said to be at its strongest level in data going back to at least 2011, signaling improving corporate expectations and a potentially constructive backdrop for U.S. equities. The piece implies that upbeat management outlooks could support investor sentiment even as markets digest a mixed earnings season and broader macro uncertainty. The article is primarily a market breadth and sentiment read on the S&P 500 rather than a single-company event.