Business & Finance
S&P 500 Record Rally Meets Risk of Peaking Earnings Growth
Key Points
S&P 500 Record Rally Meets Risk of Peaking Earnings Growth For Corporate America, the bar to deliver earnings growth that satisfies Wall Street’s bulls is only getting higher. While third-quarter estimates look solid for the S&P 500 Index, 10 of the 11 sectors in the gauge are expected to post a decrease in the pace of earnings growth from the previous three-month period, data compiled by Bank of America Corp. show.
S&P 500 Record Rally Meets Risk of Peaking Earnings Growth
For Corporate America, the bar to deliver earnings growth that satisfies Wall Street’s bulls is only getting higher.
While third-quarter estimates look solid for the S&P 500 Index, 10 of the 11 sectors in the gauge are expected to post a decrease in the pace of earnings growth from the previous three-month period, data compiled by Bank of America Corp. show.