Reported about 21 hours ago
Traders are anticipating one of the most volatile earnings seasons in stock market history, with expectations of a 4.7% average stock movement in the S&P 500 following earnings reports. This comes as major banks are set to kick off the earnings cycle amid concerns about inflation and interest rates. Analysts predict a 7.5% earnings growth for the S&P 500 in the fourth quarter, creating high expectations for companies following a strong two-year run for equities. The upcoming earnings period, starting with JPMorgan Chase, will be crucial for the performance of US stocks.
Source: YAHOO