Reported about 10 hours ago
As third-quarter earnings season begins, analysts predict a more subdued response from markets, particularly in the growth sector compared to value stocks. Citi's Drew Pettit notes that while earnings may perform better than usual, typical quarterly beats are expected. Factors such as the upcoming election, geopolitical tensions, and Federal Reserve policies are all influencing market dynamics, leading some to suggest a cautious approach for CEOs when presenting earnings.
Source: YAHOO