Earnings Outlook for S&P 500 Companies Looks Bleak

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Investors counting on an earnings rebound risk disappointment, as Wall Street analysts cut profit estimates

Investors counting on a corporate earnings rebound in the second half of the year are risking disappointment.

Wall Street analysts have cut their third-quarter profit estimates in recent weeks, painting a bleak picture for investors already grappling with a simmering trade war, pockets of economic weakness and ominous signs from the bond market.

 

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