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Wall Street economists expect headline inflation rose just 3.1% annually in June, a slowdown from the 3.3% rise seen in May. May's data was the slowest year-over-year inflation reading since July ...
Since Sept. 30, estimates for S&P 500 earnings have fallen 6.8%, per FactSet. That marks the largest decline since the third quarter of 2022 and sits well above the 20-year average of a 3.8% ...
The S&P 500 closed above 5,000 for the first time ever on Friday as the three major averages logged a positive week for the 13th time in the last 14 weeks.With few economic catalysts in the past ...
Data from FactSet published Friday showed S&P 500 companies are expected to report a 7.2% drop in earnings from the ... rise 26% and 12% in the second quarter, respectively. Weekly calendar ...
Instead, it posted $26.17 billion. And its earnings per share beat expectations by $0.93 per share, or just under 40%. Facebook is a controversial company with known issues. But turning in better ...
Third quarter earnings season begins this week, ... Wall Street is expecting the financials sector to report year-over-year earnings growth of 8.7%, ... earnings drive stocks." Weekly calendar Monday.
Note that the earnings season affects the startup world in a few ways. Most importantly, it provides a directional signal: When public tech companies report rapid growth in a particular area of ...
All of this will come as stocks trade at or near their highest levels on record. The S&P 500 ( ^GSPC) closed Friday at 4,839, a new record high for the benchmark average. The Dow Jones Industrial ...