For the fifth consecutive quarter, S&P 500 earnings are coming in much stronger than expected. With nearly all companies reported, Q2 EPS is tracking at 90% growth year over year, 25 percentage points higher than expectations when the quarter began. Momentum on the revenue side is perhaps even more impressive with the index's 25% growth rate the highest reported since FactSet began tracking this metric in 2008.
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Your Market News update for May 30, 2019 | View online Market News News that's moving the market now As Trade-War Worries Linger, Market Seems to Lack Buying Conviction May 30, 2019 8:40 AM | JJ Kinahan 6 min read | Daily Market Update