Wall Street Braces For Earnings Amidst Shutdown And Tariff Fears
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As the US government shutdown continues and tariff concerns rise, Wall Street braces for a challenging week with major banks set to report third-quarter earnings. The S&P 500 has dropped 2% since the shutdown began on October 1, marking its worst performance during a shutdown since 1990. Key economic data releases have been postponed, increasing uncertainty. Earnings reports from JPMorgan, Wells Fargo, Citigroup, and Goldman Sachs are expected to provide insights into the economy and market conditions, crucial for investors navigating this turbulent environment.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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