A Soft Corporate-Earnings Season Poses Next Test for Stock Market Rally

📆 7/9/2023 5:15 PM
📰 WSJ

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Investors look to earnings reports for insight into how corporate profits are holding up against inflation and constrained consumer demand

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https://www.wsj.com/articles/a-soft-corporate-earnings-season-poses-next-test-for-stock-market-rally-b44d495bInvestors will be attuned to whether forward earnings expectations can support stock valuations.

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Earnings playbook: JPMorgan Chase and Delta Air Lines kick off the seasonExpectations for this earnings season are downbeat, with analysts forecasting a roughly 7% year-over-year drop, FactSet data shows.
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