Souring Profit Outlooks Threaten S&P 500’s 20% Rally
Strong earnings beats from Corporate America may no longer be enough to keep the stock rally going. Profit outlooks are becoming more important.
Strong earnings beats from Corporate America may no longer be enough to keep the stock rally going. Profit outlooks are becoming more important.
Labour saw swings in its favor in the first results announced in London’s mayoral race, as the UK’s main opposition party expressed confidence that incumbent Sadiq Khan would win a historic third term.
Turkey’s credit rating was upgraded by S&P Global Ratings, which cited the Turkish government’s return to more orthodox economic policies.
The UK government is finalizing a share-sale proposal that will cut its stake in NatWest Group Plc to as low as 10%, according to Sky News.
The number of children in Japan has dropped to another record, in a stark reminder of the demographic challenges that are weighing on Asia’s second biggest economy.
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