Reported about 4 hours ago
The upcoming earnings season, starting with major banks reporting quarterly results, is predicted to lead to a muted market reaction amid various external pressures. While earnings are expected to grow 4.7%, marking the slowest growth in a while, factors such as geopolitical tensions, an impending presidential election, and uncertain economic conditions are likely to overshadow the traditional market responsiveness to earnings reports. Analysts express caution, noting that historical trends during election years indicate limited stock upside despite potentially strong earnings results.
Source: YAHOO