Wall Street weekahead: Slashed profit expectations may set stage for gains
Saturday, 12 January 2019 There could well be a silver lining in all the caution around the stock market as the earnings season approaches: Shares do way better when profit expectations have fallen, and lately, they've been falling like a rock.
It's almost hump day. But it was a good day for stocks, as all three major U.S. indices ended higher Tuesday. While some on Wall Street have been growing cautious on U.S. stocks, which have surged to..
Roughly 70% of S&P 500 companies have reported earnings according to data from FactSet. So far, the average earnings growth rate year-over-year for the fourth quarter is 13.3%, beating expectations of..