With S&P 500 up 11% YTD, investors demand big Q3 results from Corporate America
The S&P 500 has rallied 11% year-to-date, and Wall Street is officially out of patience. As the third-quarter earnings season begins, traders expect Corporate America to prove that the rally is justified. According to Bloomberg Intelligence, analysts are projecting 7.4% profit growth for U.S. companies this quarter, up slightly since mid-August, while the MSCI All-Country [...]