Rising rates have especially hurt technology and other growth shares this year. Tech sector
Barclays head of European equity strategy, Emmanuel Cau expects earnings to provide a headwind for equities. The UK bank sees earning per share growth falling 12%. STOXX 600 companies are expected to report a rise of about 8% in earnings in the first quarter of 2023, based on Refinitiv IBES data as of Friday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
This looked like Abby road at first glance