Reported 15 days ago
Wall Street analysts are downgrading their expectations for corporate earnings growth, which may halt the current stock market rally. A key indicator of earnings momentum has shifted to negative territory, raising concerns about the sustainability of gains in the S&P 500, especially as companies display mixed outlooks amid economic uncertainties. Analysts predict a modest profit growth overall for 2025, suggesting that high valuations in the index may face downward pressure if robust profit growth does not materialize.
Source: YAHOO