A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.
With interest rate cuts on the backburner, Wall Street is looking to corporate earnings to continue powering the 2024 stock market rally.
Analysts polled by FactSet expect second-quarter earnings of S&P 500 companies to grow about 8.7% on average from the prior year. That would mark the fourth-straight quarter of annual earnings growth for the benchmark
→ Continue reading at CNN - Business News