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The Future of the Stock Market Depends on Second Quarter Earnings

May 20, 2023
in Trade Tube
Reading Time: 1 min read
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Breaching new highs in the S&P 500 rests on second quarter earnings.

That’s the assessment from John Manley, chief equity strategist at Wells Fargo Funds.

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Second quarter earnings, which kick-off this week with the big banks including JPMorgan Chase JPM and Citigroup C , are expected to rise 6.5% year-over-year according to FactSet.

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