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US Equities: Q3 earnings dragged down by the energy sector

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Darren Sinden – Market commentator for Admiral Markets – joined Nick Batsford and Zak Mir to discuss how earnings for Q3 have been dragged down by energy and commodities. With 70% of the S&P 500 reporting their earnings over the next few weeks, expectations average at between -3% and -5.5%. Despite that, JP Morgan believe overall earnings growth to be +4% when discounting the energy sector. Sinden also talked about the impact that manufacturing can have on economic growth that cannot be

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