Wall Street faces a tough earnings season: 'Caution probably makes sense right now'

Investors will get a sharper picture of what's happening this week, when 52 S&P 500 companies report. Focus will be on big Wall Street banks as J.P. Morgan Chase, Citigroup, Goldman Sachs and Wells Fargo all report Tuesday. BofA is up Wednesday while Morgan Stanley reports Thursday.and the yield curve remaining inverted. Financials as a sector are projected to see a 2.6% earnings decline.Company analyst calls among the early reporters has yielded a mixed bag of sentiment.

"We're pleased with the efforts ... to mitigate the effects of tariffs and inflation during this period," chief financial officer Holden Lewis told analysts, adding that the company sees no "incremental drag" for either the third or fourth quarters due to tariff impacts.In fact, of the 10 companies thus far who have cited tariff impact, only five have talked about the duties in a negative sense, according to FactSet.

Saudi Arabia looking and Search for ARM chemical from Russia to use to killing people on Yemen so do know what rizan 🤔.

España Últimas Noticias, España Titulares

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

Macro headwinds are a buying opportunity for these stocks, Wall Street analysts sayCNBC combed through recent Wall Street research to find stocks analysts say are buying opportunities despite macro headwinds. permabull charlatans
Fuente: CNBC - 🏆 12. / 72 Leer más »

Wall Street flat as trade deal optimism wanes, earnings in focusU.S. stocks stalled on Monday after three straight sessions of gains as a bare-b... Our mission at is to build the social media platform that ends fake news
Fuente: Reuters - 🏆 2. / 97 Leer más »