Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown
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#8e73873c ver:0.39
Strong corporate earnings drive US stock market gains in Q1 2024, despite economic slowdown. S&P 500 records best Q1 performance in 5 years, up 10.2%. Cost-cutting measures in big tech companies contribute to 5% growth in Q1 earnings per share. Positive trend in corporate earnings could continue to drive stocks higher. 92% of S&P 500 companies report strong Q1 earnings, with 78% beating EPS estimates. YoY EPS growth estimates for Q2 increase to 9.6%. Investor sentiment slightly declines, but remains in 'Greed' zone. Concerns about economy and Fed's actions persist. #StockMarket #Earnings #Investing...
#newstr #UsStockMarkets #Q1Performance #InvestorSentiment #S&p500 #DowJonesIndustrialAverage #MscIndustrialDirectCo #WalgreensBootsAllianceInc #UsEconomy #JoblessClaims #UniversityOfMichiganConsumerSentimentIndex
https://here.news/story/8e73873c?ver=0.39
Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown /
npub1c7…zzdse
2024-05-16 17:05:25
Author Public Key
npub1c7fxeel98d892hsfu7dzatgdpfujutpyjsytrs9mp7we7f7crfcsgzzdsePublished at
2024-05-16 17:05:25Event JSON
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"content": "Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown\n===============\t\n#8e73873c ver:0.39\n\nStrong corporate earnings drive US stock market gains in Q1 2024, despite economic slowdown. S\u0026P 500 records best Q1 performance in 5 years, up 10.2%. Cost-cutting measures in big tech companies contribute to 5% growth in Q1 earnings per share. Positive trend in corporate earnings could continue to drive stocks higher. 92% of S\u0026P 500 companies report strong Q1 earnings, with 78% beating EPS estimates. YoY EPS growth estimates for Q2 increase to 9.6%. Investor sentiment slightly declines, but remains in 'Greed' zone. Concerns about economy and Fed's actions persist. #StockMarket #Earnings #Investing...\n\n#newstr #UsStockMarkets #Q1Performance #InvestorSentiment #S\u0026p500 #DowJonesIndustrialAverage #MscIndustrialDirectCo #WalgreensBootsAllianceInc #UsEconomy #JoblessClaims #UniversityOfMichiganConsumerSentimentIndex \n\n https://here.news/story/8e73873c?ver=0.39",
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