S&P 500 companies are expected to report 23.3% earnings growth for Q2, the second straight quarter above 20% and far above the average growth rate of 16.4% over the past five years, according to FactSet.
The key question for markets, according to famed investment strategist Ed Yardeni, is whether analysts got carried away after Q1 earnings and set the bar… Related news Micron, Chip Stocks Fall Despite Samsung Profit Surge 3:28 AM ET Chip stocks fell Tuesday despite a second-quarter earnings beat by semiconductor and consumer electronics manufacturer Samsung Electronics. 3:28 AM ET Chip stocks fell Tuesday despite a second-quarter earnings beat by