标普全球：2026年股市展望报告：谨慎乐观助推涨势与发行回暖 未知隐忧仍存（英文版）（13页）.pdf

1、Capital Markets EquitiesInsights in Motion See the Big PictureSee the Big Picture:Capital Markets Equities|2Table of contentsIntroduction4The Take 4Historic rally 5Bears among bulls 5Sector preference 6Rate cut impacts 7AI continues to drive bull market growth 8Regional differences 9IPO recovery 9Di

2、vidend trends 11Fragile recovery 12Further reading the Big Picture:Capital Markets Equities|3ContributorsThomas McNamara,Senior Director and Co-lead of North America for Issuer Solutions,S&P Global Market IntelligenceChristopher Williamson,Chief Business Economist,S&P Global Market IntelligenceStell

3、a Lim,Global Research Lead and Associate Director,Dividend Forecasting,S&P Global Market Intelligence Cathal McElroy,Reporter,European Financial Institutions,S&P Global Market IntelligenceKen Wattret,Vice President,Global Economics,S&P Global Market IntelligenceVanya Damyanova,Senior Reporter,Europe

4、an Financial Institutions,S&P Global Market IntelligenceAnnie Sabater,Associate Industry Expert,Central Data,S&P Global Market Intelligence Umer Khan,Associate Industry Expert,Central Data,S&P Global Market IntelligenceAdditional support:Diego Castells,Lead Editor,Editorial,Design and Publishing,S&P

5、 GlobalMatt Blumenfeld,Senior Editorial Manager,Editorial,Design and Publishing,S&P GlobalSean Longoria,Editorial Lead,Central Insights,S&P Global Market IntelligenceBenjamin Yang,Senior Editor,Editorial,Design and Publishing,S&P GlobalMatthew Schick,Senior Editor,Visuals,Editorial,Design and Publis

6、hing,S&P GlobalAugusto Justiniano Jr.,Senior Designer,Editorial,Design and Publishing,S&P GlobalAuthorBrian Scheid,Senior Reporter,Credit and Markets,S&P Global Market I the Big Picture:Capital Markets Equities|42026 Equities Market OutlookCautious optimism fuels stock rally,issuance recovery as fea