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Powell Sends Stocks Reeling Despite Decent Earnings With Midterm Elections Coming

Por: Forbes Business November 06, 2022

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2022 Midterm Election in USAgetty Third quarter earnings season is beginning to wind down, with only 31 S&P 500 companies reporting. 85% of S&P 500 companies have reported results so far, with 70% and 71% exceeding consensus earnings and sales estimates, respectively. The S&P 500 fell by over 3% last week, but that had more to do with the Federal Reserve’s actions than earnings. On a related note, Berkshire Hathaway reported earnings on... + full article



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