Fueled by concerns about reducing debt purchases, interest rate hikes, and the “three-piece package” of downsizing, the opening performance of US stocks was the longest continuous decline since September last year. This week, US stocks began to reveal financial reports for the fourth quarter of 2021 one after another. The market will face a test, but it may also be an important support for boosting current market sentiment.

From the perspective of revenue contribution, the energy industry is currently expected to contribute 7.94 percentage points to the profit growth rate of the S&P 500 index, which is the largest contributor among all industries, followed by the information technology and healthcare sector. These three industries alone are expected to contribute nearly 70% to the profit growth of the S&P 500 index.

It is worth mentioning that the banking sector's earnings report may show impressive performance. According to S&P's forecast data, the five largest banks, Goldman Sachs, J.P. Morgan Chase, Morgan Stanley, Citi, and Bank of America, will report record results. All of these banks other than Citi are expected to achieve the highest annual profit ever.