News Formal

Wall Street hasn't been this negative about earnings growth in three years

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Earnings growth is grinding to a halt. The drop in earnings growth estimates is the largest since 2016.

At the start of the year, analysts estimated S&P 500 earnings growth for the year would be around 7.6%, according to FactSet. That number is now 2.3%.

Earnings growth estimates have come down drastically since the beginning of the year, when many investors were expecting a big year for the U.S. economy. Economic uncertainty reigns as the trade war between the U.S. and China has placed increasing strain on the global economy, prompting policymakers to respond with interest rate cuts and stimulus measures to bolster growth.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

TrumpRecession

JasonBa17205509 troubling

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Asian stocks post modest gains on Wall Street futures, oilAsian shares eked out cautious gains on Wednesday, as higher Wall Street futures...
Källa: Reuters - 🏆 2. / 97 Läs mer »