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Wall Street Week Ahead: Sluggish US earnings may need pick-me-up to support 2023 stock rally

Wall Street Week Ahead: Sluggish US earnings may need pick-me-up to support 2023 stock rally
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US stock gains may grow elusive as boost from inflation slowdown wanes

US stock gains may grow elusive as boost from inflation slowdown wanes
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Wall St Week Ahead-Sluggish US earnings may need pick-me-up to support 2023 stock rally

Stock investors have been satisfied by middling U.S. corporate results so far this year but they might not be so easy to please for the rest of 2023. As the second-quarter earnings.

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Sluggish US earnings may need pick-me-up to support 2023 stock rally

NEW YORK (Reuters) -Stock investors have been satisfied by middling U.S. corporate results so far this year but they might not be so easy to please for the rest of 2023. As the second-quarter earnings season winds down, S&P 500 results are presenting a mixed picture, with companies beating analysts' profit expectations at the highest rate in nearly two years even as revenue beats dropped to the lowest since early 2020. The S&P 500 has edged higher since earnings season began in July, with the benchmark index up 16% in 2023.

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Sluggish U S earnings may need pick-me-up to support 2023 stock rally

As the second-quarter earnings season winds down, S&P 500 results are presenting a mixed picture

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