This translation has been automatically generated and has not been verified for accuracy.Profit reports from big manufacturers and other industrial firms arriving this week will provide investors with a crucial corporate gauge of the U.S. economy’s health and the fallout from trade tensions between Washington and Beijing.
While the industrial sector represents slightly less than 10% of the overall S&P 500 stock index, it can provide an outsized perspective on the economy. It includes major multi-national manufacturers as well as transportation companies whose results offer a barometer of economic activity. Third-quarter earnings overall for industrial companies are expected to rise by just 0.7% from a year earlier, according to IBES data from Refinitiv. That would represent a better performance than for the full S&P 500, for which earnings are expected to fall by 3.2%.
“The majority of these companies stopped their capital expenditures as a result of uncertainties because of the U.S.-China negotiations,” Aguilar said. A rebound in capital spending could help restore earnings growth, he added.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Stocks stall in midday trading as caution lingers over tradeStocks stalled in midday trading on Wall Street Monday as investors remain cautious about the prospects of a full trade agreement between the U.S. and China.
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What to watch in Q3 earnings from U.S. companiesThe numbers may reflect the past rocky few months in which they grappled with a U.S.-China trade conflict undermining the business environment and an overall economy that has been showing signs of struggling.
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