Updated
Updated · bnpparibas-am.com · May 7
S&P 500 companies post 18% earnings growth, ahead of Europe
Updated
Updated · bnpparibas-am.com · May 7

S&P 500 companies post 18% earnings growth, ahead of Europe

12 articles · Updated · bnpparibas-am.com · May 7
  • For companies reported by late April, Europe's earnings per share rose 9%, while the MSCI Europe index still fell despite the increase.
  • US equities were supported by positive economic data and broad-based earnings strength across sectors, helping global stocks stay flat even as Brent crude rebounded about 20% in recent weeks.
  • BNP Paribas Asset Management said investors may refocus on Middle East tensions after earnings season, with high oil prices threatening industrial stocks, while technology remains a more durable theme.
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