Stocks could resume gains as focus shifts to earnings

April 3, 2015 12:09 AM

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Stocks could resume gains as focus shifts to earnings

NEW YORK (Reuters) - Market focus will shift from macro to micro next week as economic data winds down and quarterly earnings reports from S&P 500 components including Alcoa (AA.N) take center-stage.

Earnings expectations have been falling sharply in the past weeks, with the most recent estimate showing a 2.8 percent decline in earnings growth, squeezed by dwindling expectations for the energy sector.

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