Business · Markets · 6 hrs ago

Upcoming test will show whether earnings can keep supporting stocks

Upcoming test will show whether earnings can keep supporting stocks

Investors are approaching a major test of whether company earnings can keep supporting stock prices.

The upcoming read is expected to show whether earnings can continue providing that support.

The details do not identify which earnings or market period are involved.

They also do not specify when the read will arrive.

If earnings keep supporting stocks, that support could continue.

If they do not, the premise that earnings are propping up stocks may weaken.

No further next steps are stated.

Sources

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