Business · Markets · 1 day ago
Strong earnings and consumer spending support US stocks
US stocks remain in favor as companies head into third-quarter earnings season.
Amanda Agati, chief investment officer at PNC Asset Management, says strong corporate fundamentals and resilient consumer spending could support the market.
She favors US shares over those in developed international markets, citing strong US earnings growth.
Investors will look for signs that spending on artificial intelligence is producing returns.
They will also watch whether those returns extend beyond the largest technology companies.
The earnings season will provide new evidence about company performance and the wider impact of AI investment.
Strong corporate fundamentals and resilient consumer spending could support US stocks, Amanda Agati said.
Agati is chief investment officer of PNC Asset Management.
She said strong US earnings growth keeps her favoring domestic equities over developed international markets.
Investors will watch whether AI investment generates returns beyond the largest technology companies.
The comments came as investors prepared for third-quarter earnings season.
- Who
- Amanda Agati, chief investment officer of PNC Asset Management.
- What
- She said strong corporate fundamentals and resilient consumer spending could support US stocks.
- When
- Ahead of third-quarter earnings season; the article was published on October 10, 2026.
- Where
- Not stated.
- Why
- Strong corporate fundamentals, resilient consumer spending and strong US earnings growth could support US stocks.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
This story does not have a timeline yet.
- Speaker
- Amanda Agati
- Role
- Chief investment officer of PNC Asset Management
- Publication date
- October 10, 2026
- Earnings season
- Third-quarter earnings season was approaching
- Investment focus
- Investors will watch for AI returns beyond the largest technology companies
Sources
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