S&P 500 Q3 Earnings Outlook Improves Ahead of Financial Sector Results
C Citigroup Inc
$129.64 +1.22%
View chart & analysis → - 1S&P 500 earnings are expected to increase by 24.3% compared to the same period last year.
- 215 out of 16 Zacks sectors are projected to record earnings growth in the third quarter.
- 3Surging long-term Treasury yields are weighing on bank and brokerage stocks.
So what's the key point?
S&P 500 companies are expected to see a 24.3% increase in profits compared to last year. However, rising Treasury yields are making things difficult for bank and brokerage stocks.
Source Zacks · View original ↗
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