Beers & Burgers: Harvey's To Go | SaltWire #harveys #burger #beer #foodbloggerNEW YORK - U.S. earnings estimates are likely to weaken as companies issue cautious outlooks, according to Evercore ISI strategists, who stood by their view the S&P 500 will end the year well lower than current levels.
The strategists reiterated their year-end target for the S&P 500 of 4,750, about 7% below Friday's close of 5,123.41 for the benchmark index. The strategists said they were defensively positioned, including"outperform" ratings on the consumer staples, healthcare and communication services sectors, as they anticipate"intensifying volatility."
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: