What to watch as fourth-quarter earnings kick into high gear

U.S. corporate reporting season is expected to show lackluster profit growth, and it has already gotten off to a bumpy start, with big banks kicking off the fourth quarter to mixed investor reaction so far on the stock market.

Among the large banks, JPMorgan Chase & Co and Citigroup reported results that beat expectations, while Goldman Sachs Group Inc and Wells Fargo & Co missed. With 2019 being a relatively sluggish year for profits, the stock market's ascent reflected a rising valuation on equities.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Record high stocks pause to gauge Sino-US trade outlook, company earningsWorld stocks eased off record highs on Wednesday and U.S. and German bond yields slipped as euphoria over a Sino-U.S. trade deal was depleted by U.S.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »