Wall Street sanguine as it heads into worst earnings season in six years

April 8, 2015 5:21 AM

66 0

Wall Street sanguine as it heads into worst earnings season in six years

Though there has been some selling in recent weeks, there's been no panic dumping of stocks, even though forecasts for S&P 500 first-quarter earnings have tumbled since Jan. 1, thanks to the surging dollar, falling oil prices and another severe winter. The earnings season unofficially kicks off Wednesday with results from aluminum company Alcoa (AA.N).

Among some key early results, JPMorgan Chase (JPM.N) is due to report next week along with other banks and General Electric (GE.N).

Read more

To category page

Loading...