Wall St Week Ahead: US earnings season set to test war-rattled stocks - Reuters
Wall St Week Ahead: US earnings season set to test war-rattled stocks Reuters
Coverage by Political Leaning
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Notable Quotes
"The reason the market still is so robust is because earnings estimates just keep moving higher."
— Nick Giorgi , Executive
"It is somewhat of a high bar coming into the season."
— Garrett Melson , Executive
"You're going to see whether or not those earnings estimates hold up for the future or whether they get marked down."
— Brent Schutte , Executive
"Traders are pretty hesitant to have exposure going into a long weekend where there’s going to be an Iran-US negotiation."
— Jed Ellerbroek , Executive
"Hopefully, earnings season might switch at least some of the narrative back to corporate fundamentals, which is really what the stock market’s all about."
— Tim Ghriskey , Executive
Key People
Benjamin Netanyahu is the prime minister of Israel.
Chief investment officer at Northwestern Mutual Wealth Management Company.
Former president of the United States known for his aggressive economic policies.
Portfolio strategist with Natixis Investment Managers Solutions.
Jed Ellerbroek is a portfolio manager at Argent Capital Management.
Mark Hackett is the chief market strategist at Nationwide.
Mary Daly is the president of the Federal Reserve Bank of San Francisco.
Chief equity strategist at Alpine Macro.
Tim Ghriskey is a senior portfolio strategist at Ingalls and Snyder.
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<a href="https://news.google.com/rss/articles/CBMirwFBVV95cUxOU3F6eVR6REJERmVjVUZ4bGlMQWU2WDg1Yzg2eVY3ZlBLMWRKX3hIeHBLQndtNHFhdG10b2hraTdqX2JoRWR1Z3lGNmY3NmtHQW1zNkNESDBWUWlnbnZPQ1V6Wk5ZTmpZT0FSRnhkeXlKUTZvVS0xdDdqYXYtX0ZOQVFHRWJ5OGktRjdJQzF1TFEwLXhKT0xpYlFkaFAyZW5YejJLVVJ1UXpmZ04yazY4?oc=5" target="_blank">Wall St Week Ahead: US earnings season set to test war-rattled stocks</a> <font color="#6f6f6f">Reuters</font>
Investors are looking for signs that the U.S. corporate profit engine is functioning well, amid concerns about the Middle East war and rising energy costs. The first-quarter earnings season begins with reports from major U.S. banks, with expectations for strong profit growth.
Investors are seeking evidence that the U.S. corporate profit engine is humming along, and whether threats to that upbeat business outlook are emerging from the Middle East war and the resulting surge in energy costs. First-quarter earnings season kicks off with reports from major U.S. banks.
U.S. stocks closed mixed amid Middle East tensions and awaited Iran-U.S. talks, with investors hesitant before the long weekend. The fragile two-week truce has been threatened by claimed violations of the ceasefire, impacting market performance.
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