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Wall Street has the best earnings reporting season in 2 years

May, 07 2024

The US stock market has been stable in recent weeks, despite reports of a steady increase in inflation and the possible retention of a high interest rate by the Federal Reserve System. This is due to the companies' better-than-expected financial performance in the first quarter.At the moment, 80% of companies in the S&P 500 index have already published their reports, and analysts note earnings per share growth for the quarter at 5%, which is the highest figure for the year since the second q... Read More

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