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Wall Street Week Ahead: Spring fever brings hope for U.S. earnings

Started by riky, April 19, 2014, 09:00:19 AM

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riky

Wall Street Week Ahead: Spring fever brings hope for U.S. earnings

<p><a href="http://news.yahoo.com/wall-street-week-ahead-spring-fever-brings-hope-232055447--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/1EfQXIB4xxhM5yslw9Mdaw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-17T232055Z_1_CBREA3G1SUY00_RTROPTP_2_ABBOTT-RESULTS.JPG" width="130" height="86" alt="Traders gather at the booth that trades Abbott Laboratories on the floor of the New York Stock Exchange" align="left" title="Traders gather at the booth that trades Abbott Laboratories on the floor of the New York Stock Exchange" border="0" /></a>By Chuck Mikolajczak NEW YORK (Reuters) - Earnings season shifts into high gear next week, and with nearly one-third of S&amp;P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market's recent weakness in the dust. Several behemoths, including Apple, the largest U.S. company by market value, as well as Microsoft, McDonald's and AT&amp;T , are due to report earnings. They'll be accompanied by highfliers like Netflix and Facebook, giving the first real cross-section of the state of corporate America as temperatures rise across the country and investors hope to put the cold weather behind them. Strategists will also be looking for clues on how badly China's slowdown hits U.S. corporate results.</p><br clear="all"/>

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