US quarterly earnings to feature big growth in tech-related companies
The Star Online - Tech·2024-04-12 08:00
NEW YORK (Reuters) - Big technology-related company earnings are expected to again lead S&P 500 profit growth in the upcoming U.S. reporting period, which could refuel optimism for stocks after a weak start to April.
Interest rate outlook worries hang over the first-quarter earnings season, with the expected timeline for Federal Reserve rate cuts being pushed back as the economy remains robust.
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