World Week Ahead: US earnings season

Sun, 09 Apr 2017

By Margreet Dietz April 10 (BusinessDesk) - In a week shortened to four days by Good Friday, investors will look to the pending US earnings season as a reality check on valuations. Citigroup, JPMorgan Chase, and Wells Fargo are among US companies scheduled to report their latest quarterly results in the coming days. The financial sector is projected to post a 15.4 percent profit gain, second only to energy among S&P sectors, according to Reuters. Last Friday Wall Street’s three benchmarks closed marginally weaker, each down less th...

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