NewsFeeder
Headline News
- Reaction score
- 4
High stakes, high expectations as earnings season heats up
The rockiest U.S. stock market in two years will meet a major test in the coming weeks as first-quarter earnings pour in, with expectations that tax cuts will help Corporate America show its biggest quarterly profit growth in seven years. Hopes among stock investors are running high for corporate earnings season, which kicks off in earnest on Thursday and Friday with reports from several large financial institutions including BlackRock (BLK.N) and JP Morgan (JPM.N). Investors have counted on corporate profits to provide bedrock support as the market endured sharp swings in recent weeks over concerns about a trade war with China and tougher regulations for high-flying technology companies.
https://finance.yahoo.com/news/high-stakes-high-expectations-earnings-060552444.html?.tsrc=rss
The rockiest U.S. stock market in two years will meet a major test in the coming weeks as first-quarter earnings pour in, with expectations that tax cuts will help Corporate America show its biggest quarterly profit growth in seven years. Hopes among stock investors are running high for corporate earnings season, which kicks off in earnest on Thursday and Friday with reports from several large financial institutions including BlackRock (BLK.N) and JP Morgan (JPM.N). Investors have counted on corporate profits to provide bedrock support as the market endured sharp swings in recent weeks over concerns about a trade war with China and tougher regulations for high-flying technology companies.
https://finance.yahoo.com/news/high-stakes-high-expectations-earnings-060552444.html?.tsrc=rss
