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The week will bring new challenges to the market rally, though, with a fresh reading on inflation and consumer spending highlighting the economic calendar. On the corporate side, about 15% of the ...
Excluding Tesla, the other "Magnificent Seven" tech stocks are expected to be the top six earnings drivers for the S&P 500, contributing year-over-year earnings growth of 53.7%.
With 10% of S&P 500 companies done reporting, the index is currently trending for an earnings per share decline of 1.7%. But as Butters points out, this is largely because the focus over the first ...
FactSet recently pointed out the "Magnificent Seven" tech stocks were set to grow earnings year over year by 18.1% this quarter, while the other 493 companies in the S&P 500 are expected to see ...
The earnings season party will continue this week, with reports from Tesla, Boeing , General Motors , American Airlines , and UPS among names set to highlight a busy calendar. Outside of earnings ...
Stocks closed out the last week of August in rally mode after falling for much of the month. The Nasdaq Composite ( ^IXIC ) led gains, rising more than 3% last week while the S&P 500 ( ^GSPC ...