FYI: The third-quarter earnings season kicks off in earnest Friday, with JPMorgan Chase & Co., Wells Fargo & Co., Citigroup Inc., and PNC Financial Services Group Inc. PNC +0.96% scheduled to post results. Investors hope another quarter of double-digit growth will help stabilize stocks recently buffeted by trade and interest-rate worries.
Technology and financial companies have accounted for the biggest share of the S&P 500’s overall earnings growth in recent years. But when it comes to revenue growth, health care and consumer staples have been the biggest contributors.
Regards,
Ted
https://www.wsj.com/articles/earnings-season-looms-as-the-next-market-catalyst-1538917200
