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Hot Topic Hawke’s Bay
Market Outlook
6 mins to read

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.

Fiona Rotherham Mon, 14 Oct 2024

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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Fiona Rotherham Mon, 14 Oct 2024
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Frank Jasper Market Outlook ASB US earnings interest rates China
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