Could US stocks reach new record highs this earnings season?
US stock investors are now in the midst of digesting the latest quarterly earnings, while still trying to decipher when the Fed will start easing its support measures for the markets.
While the uptrend for benchmark indexes remains very much intact, a lot of good news has already been priced in. That might leave equities more susceptible to major negative surprises in the earnings due over the coming weeks.
Music: www.bensound.com
The US earnings season is upon us once more as publicly-listed US companies unveil how their respective businesses performed in Q2. Market optimism ran high in the lead up, pushing benchmark US stock indices such as the S&P 500 and the Dow Jones index to new record highs at the start of the week.
Tune in as Han Tan and his guest, independent analyst Jamie Dutta, explain why the corporate earnings are important for investors, how they impact markets, and discuss other major factors that are influencing stocks these days.
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