WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
Despite Tuesday’s moves, and expectations for declining profits against a backdrop of persistent inflation and rising interest rates, earnings season has so far proven resilient. All the major averages are up since the period kicked off.
But investors warn that profits topping already low expectations won’t matter to a market staring at a Federal Reserve that’s continuing to tighten into a potential recession.
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