Investors see corporate earnings season as the next test for stocks

This week’s earnings season kickoff provides the market with the next test as investors consider whether US stocks can sustain their recent rally.

deterioration of profits.

Analysts expect companies in the S&P 500 to report two consecutive quarterly earnings declines. First-quarter earnings are expected to fall 6.8% from the same period last year, according to FactSet. This would mark the steepest decline in earnings since his second quarter of 2020, when the outbreak of the Covid-19 pandemic slashed his earnings by 32%.

https://www.wsj.com/articles/investors-view-corporate-earnings-season-as-next-test-for-stocks-9d9a1775?mod=pls_whats_news_us_business_f Investors see corporate earnings season as the next test for stocks