You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Snapshot: Investors keeping an eye on earnings

Continue reading below

Two days after Congress struck a deal to avoid a debt default, investors bid up stocks on surprisingly good earnings. Despite a few good reports Friday, the third-quarter reporting season has just started and most companies aren’t expected to post blowout results. Earnings for S&P 500 companies are expected to have grown 3.4 percent from a year ago, the smallest quarterly increase in a year, S&P Capital IQ says. At the start of 2013, third-quarter results were expected to grow at nearly triple that pace. Investors will have a better idea of the profit picture this week as several big companies post results, including McDonalds, Boeing, Caterpillar, and Ford.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of