Strong results from $25tn worth of companies needed to help drive rally after shaky few weeks for S&P 500
Lofty expectations for US corporate profits mean that the flood of earnings reports due in the coming fortnight will play a particularly important role in setting the direction for Wall Street stocks, investors say, after a shaky start to 2025. The S&P 500 had its best week since the November US election last week, aided by strong numbers from the biggest banks, pushing the index back into the black for January.
Companies including Netflix, GE and consumer products group Procter & Gamble are among those set to report this week. Technology giants including Amazon, Microsoft, Facebook parent Meta and Tesla are due the week after.
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