S&P 500 and Stoxx600 – Q3 2025 Reporting Season Calendar About 16% of S&P 500 firms report earnings this week, but the real test comes next week, with roughly 44% set to deliver results—a pivotal moment that could set the tone for the rest of the season. Image: J.P. Morgan
Valuation – 12-Month Forward STOXX Europe 600 PE European stocks look less expensive than at the beginning of this year. Image: Goldman Sachs Global Investment Research
Quarterly Seasonality of S&P 500 Returns vs. STOXX Europe 600 U.S. equity returns tend to be strongest relative to Europe during the second quarter. Image: Goldman Sachs Global Investment Research
Earnings – STOXX Europe 600 EPS Level Thanks to an accomodative monetary and fiscal policy, the STOXX Europe 600 EPS is growing much faster than during the last cycle (2007-2019). Image: Goldman Sachs Global Investment Research
European Stocks – STOXX Europe 600 Price Level and Forecasts Goldman Sachs expects the STOXX Europe 600 at 530 in 2022. Image: Goldman Sachs Global Investment Research
Performance – Nasdaq 100, Russell 2000, Stoxx Europe 600 Banks, MSCI All Countries Energy Welcome to the ‘everything rally’, despite the damage of the coronavirus pandemic on the global economy. Image: Financial Times
Valuation – MSCI ACWI and STOXX Europe 600 – 24-Month Forward P/E Percentile vs. History Should investors pay attention to stock valuation? Image: Goldman Sachs Global Investment Research
Earnings Sentiment (S&P 500 Index and STOXX Europe 600 Index) Earnings sentiment seems to have peak in the United States. Image: Goldman Sachs Global Investment Research
Euro/U.S. Dollar vs. Stoxx Europe 600 Index/S&P 500 Index Does the strength of the euro make European stocks a buying opportunity? Image: Morgan Stanley Wealth Management
Stoxx Europe 600 and Europe Manufacturing PMI Is the Europe manufacturing PMI rebound in the cards? European stock markets remain bullish. Image: Goldman Sachs Global Investment Research
STOXX Europe 600 EPS Revisions This year, SXXP EPS revisions have not been worse than a typical year. Image: Goldman Sachs Global Investment Research