Clouds gather over Wall St as earnings season looms

Markets will be keenly awaiting any commentary on the state of the world’s largest economy as it grapples with 40-year high inflation and the beginning of the Fed’s tightening cycle.

“This [rally] could not be coming at a worse time as companies are already struggling with margin pressure from cost inflation, higher/unwanted inventories, and slower demand,” said Mike Wilson, the broker’s chief US equity strategist. Oxford Economics agreed that equities may struggle to make headway in the near-term as earnings expectations are being lowered.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Uber Files reveal company used 'kill switch' to thwart evidence-gathering in raids, investigation findsUber lobbied political leaders to relax labour and taxi laws and considered portraying violence against its drivers as a way to gain public sympathy, the files show. next job........PIZZA Uber is scab labor. UBER should be running for President in 2024.
مصدر: abcnews - 🏆 5. / 83 اقرأ أكثر »