Aggregate earnings for US companies picked to reach all-time high
ASB investment committee member Frank Jasper talks about the US earnings season and the market week ahead.
The focus on the so-called Magnificant Seven stocks is beginning to broaden to other sectors.
For the second consecutive quarter, aggregate earnings of US-listed companies are expected to reach a new all-time high, with a current estimate of US$511.4 billion ($838.2b), says ASB investment committee member Frank Jasper.
The latest US quarterly earnings-report cycle kicked off on Friday night
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