By Staff Reporters
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A near-$10 trillion rally for global stocks this year will face a make-or-break moment as hundreds of companies report earnings over the next few weeks.
S&P 500 firms are expected to post a 9% drop in profits in the second quarter, making it the worst season since 2020, according to data compiled by Bloomberg Intelligence.
In Europe, it may be even worse, with a projected 12% slump. But with the bar already low — and some indicators suggesting an earnings recovery next year — strategists are split on how the markets will react.
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Filed under: iMBA, Inc. | Tagged: Bloomberg, earnings report, European stocks, global markets, global stock earnings, global stocks, S&P 500 |















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