Reported about 8 hours ago
As the S&P 500 approaches a critical earnings season, concerns grow over economic uncertainties, interest rate changes, and election impacts. Although the index has risen about 20% this year, analysts are revising down their earnings expectations, forecasting a mere 4.7% growth in quarterly earnings. Major companies like Delta Air Lines and JPMorgan are set to report soon, and investors are eager to gauge corporate spending and consumer demand amidst geopolitical risks. While some factors suggest potential resilience, historical trends raise caution for the upcoming period.
Source: YAHOO