Jul
10

With Stock Market in Lull, Investors Pin Hopes on Earnings Boom

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Forecasts suggest U.S. corporations remained on strong footing heading into the second half of the year

Corporate earnings are poised to extend a run of double-digit growth in the second quarter, providing a balm for a stock market that has languished as investors have grappled with threats ranging from fractious trade relations to tightening monetary policy.

Analysts expect earnings from S&P 500 companies to grow 20% in the second quarter from the year-earlier period, according to FactSet. Despite fears that earnings peaked in the first quarter, they are still on pace for the second-fastest rate of growth in nearly eight…

With Stock Market in Lull, Investors Pin Hopes on Earnings Boom

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