S&P 500: Energy, Basic Materials Expected to Be 2024 Earnings Drags

📆 14/10/2024 08:48:00
📰 Investingcom

⏱ Reading Time:
14 sec. here
4 min. at publisher
📊 Quality Score:
News: 16%
Publisher: 53%

S&P 500 Nouvelles

The Materials Select Sector SPDR® Fund,The Energy Select Sector SPDR® Fund

Stocks Analysis by Brian Gilmartin covering: S&P 500, The Materials Select Sector SPDR® Fund, The Energy Select Sector SPDR® Fund. Read Brian Gilmartin's latest article on Investing.com

are expected to be a drag for 2024, i.e. the expected sector growth is actually a full-year decline, and are the only sectors with expected negative declines in EPS growth in 2024.

If the energy sector is removed from the S&P 500 for Q3 ’24, the expected EPS growth jumps to +7.3%, versus the expected +4.9% today. According to this chart from Schwab’s Kathy Jones, the corporate investment-grade OAS is nearing it’s tightest levels in 20 years.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Could Mega-Cap Tech Stocks Catch Up to S&P 500 This Week?Stocks Analysis by Brian Gilmartin covering: S&P 500, Oracle Corporation, Alphabet Inc Class A, Apple Inc. Read Brian Gilmartin's latest article on Investing.com
La source: Investingcom - 🏆 450. / 53 Lire la suite »