Investors’ focus this week will be on earnings results, with some of the most heavily weighted companies in the S&P 500 poised to deliver their quarterly reports.
Over the past couple of weeks, most of the companies that posted earnings results topped Wall Street’s estimates, despite widespread concerns over the impact of supply chain challenges to corporate profits. These better-than-feared results helped power both the S&P 500 and Dow to fresh record highs in the past week.
As of Friday,…
Source link