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Market Awaits the Earnings Turnaround.

Authors :
Gongloff, Mark
Source :
Wall Street Journal - Eastern Edition. 6/29/2009, Vol. 253 Issue 150, pC1-C1. 1/3p.
Publication Year :
2009

Abstract

The article discusses the stock market. Although shares have risen sharply amid a current bull market, corporate earnings may need to start showing improvement before stocks rise much higher. A troubled banking sector and frugal consumers could exert downward pressure on earnings, though. John Truschel of Boston Company Asset Management does not believe earnings will rebound strongly any time soon.

Details

Language :
English
ISSN :
00999660
Volume :
253
Issue :
150
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
42527188