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October 12, 2018

Can earnings season come to the rescue for stocks?

  • Expectations are high again for blowout quarterly profits but there are several warning signs.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — The last time the stock market was falling this much, this fast, earnings season helped come to the rescue.

    Stocks swooned in March. Then a parade of companies lined up to report profits that were even fatter than Wall Street had forecast, which helped turn momentum and get stocks back on the upswing.


     
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