Stock futures are little changed as earnings season gains steam: Live updates

Investor attention remains fixated on third-quarter earnings season, with about one-fifth of the S&P 500 slated to report results this week. Zions Bancorporation popped about 6% after the bell Monday on strong earnings, while SAP SE gained nearly 4% after lifting its guidance.

So far, about 14% of companies in the broad index have reported results, with more than 7 out of 10 topping earnings estimates, according to FactSet. While it's early in the season, some on Wall Street have raised concerns that the bar may be too high for corporate America. Despite a recent, Megan Horneman, chief investment officer at Verdence Capital Advisors, thinks that 2025 estimates appear unrealistic.

"It is good to see analysts getting realistic about 2025 earnings growth," she said. "However, at 15% earnings growth, we believe it is still too optimistic given the expectation for slower economic growth in 2025." She added that commentary on interest rates and insight into inflation and the economy will remain top of mind for investors this season.

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.

Stock Market Today: Dow rides blowout jobs report to close at fresh record highStock Market Today: Dow rides blowout jobs report to close at fresh record high
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: Dow closes at record high as earnings season continuesStock Market Today: Dow closes at record high as earnings season continues
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500, Dow in fresh record close as Netflix shinesStock market today: S&P 500, Dow in fresh record close as Netflix shines
Source: Investingcom - 🏆 450. / 53 Read more »