LIVE MARKETS-About a third of the way into Q4 earnings season, US profit growth up 10.9%
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About a third of the way into Q4 earnings season, US profit growth is up 10.9% for S&P 500 companies, with 77% of reports beating analysts' expectations. However, this growth is below the 14.9% seen in Q3. Main US indexes are declining, with the Nasdaq down ~1%. The dollar is rallying, while crude oil, bitcoin, and gold prices are falling. The US 10-Year Treasury yield has edged up to ~4.24%. Upcoming earnings reports include major companies like Walt Disney and Advanced Micro Devices.
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Source: Reuters The copyright of this article belongs to the original author/organization.
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