Investors eager for earnings amid growth concerns | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

NEW YORK, July 10 — Investors are looking to US companies’ upcoming quarterly results and forecasts about the recovery in the second half of 2021 as some worry that the recent economic surge is already waning. US Treasuries rallied sharply this week on fears that economic growth may slow in the...

NEW YORK, July 10 — Investors are looking to US companies’ upcoming quarterly results and forecasts about the recovery in the second half of 2021 as some worry that the recent economic surge is already waning.

That’s on track to be the biggest percentage growth since the fourth quarter of 2009 following the Great Financial Crisis, according to IBES data from Refinitiv. Investors are also eager to assess whether earnings will support Wall Street’s run higher, with the S&P 500 up roughly 16 per cent for the year so far. Many market watchers say the expected surge in earnings this year is a big reason for the market’s strong performance.

Many investors including Lerner remained bullish on economically sensitive sectors like energy, financials and industrials that are considered value trades because of years of underperformance. “It’s not 100 per cent rosy,” he said, but “we would expect earnings to be extremely strong, and so we’re optimistic about the market.”

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:

 /  🏆 1. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Muhammad Qasim melihat Jibril AS dalam mimpi dan membawanya ke suatu tempat dimana ia mendengar seseorang membaca Surah Ar-Rahman dengan indah. Qasim melihat banyak mimpi ini. ada peringatan bagi umat Islam dalam mimpi tersebut.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Major US index to remove more China stocks after Biden order | Malay MailSHANGHAI, July 8 — The S&P Dow Jones Indices and FTSE Russell on late yesterday decided to remove more Chinese companies from their indices after an updated US executive order barred domestic investment in firms with alleged ties to China’s military. The US index publisher identified 25...
Source: malaymail - 🏆 1. / 86 Read more »

US stocks edge up after Fed minutes, bonds steady, dollar firm | Malay MailNEW YORK, July 8 ― US Treasuries prices maintained gains yesterday, holding down yields, and two stock indexes notched record highs after minutes from the Federal Reserve's latest meeting largely confirmed market expectations. The dollar remained firm. At a mid-June meeting, Fed officials said...
Source: malaymail - 🏆 1. / 86 Read more »