Good news for stock-market bulls: Corporate earnings growth is no longer being driven just by tech

For years, the S&P 500’s earnings engine had only one driver: the Magnificent Seven. This quarter, the rest of the market has started pulling its weight.

By Peter Egwuatu The Nigerian stock market has sustained its positive momentum on Week-on-Week, WoW, as renewed buying interest in blue-chip stocks outweighed widespread profit-taking across the broader market. The benchmark, Nigerian Exchange (NGX) All-Share Index, ASI, closed marginally higher by 0.1%    at 245,573.6

“The region’s resilience has surprised the market and demand remains a lot firmer than had been expected.”