Will economy's fate be set by next two weeks' earnings?

[riky]

Will economy's fate be set by next two weeks' earnings?

<p><a href="http://news.yahoo.com/economys-fate-set-next-two-weeks-earnings-040732778--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/4qtPtg7n9miXa9gxbT.wvA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-07-20T040732Z_1006950001_LYNXMPEA6J01O_RTROPTP_2_CBUSINESS-US-USA-EARNINGS-RECOVERY-ANALYSIS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>Companies such as General Electric Co and Intel Corp have reported solid results. Intel declared that personal computer sales have stabilized, while it forecast third-quarter revenue above Wall Street's expectations. Profit growth for the second quarter is now estimated at 6.7 percent - excluding results from Citigroup Inc , which was hit by a big adjustment from a mortgage settlement - better than where they stood at the end of June. In addition, 68 percent of S&amp;P 500 companies so far are beating analysts' profit expectations, above the 63 percent long-term average, according to Thomson Reuters data.</p><br clear="all"/>

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