S&P 500 Profit Hurdle Lowered More Than Usual: Chart of the Day
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Analysts are lowering the earnings bar this quarter for companies in the Standard & Poor’s 500 Index more than they usually do.
As the CHART OF THE DAY displays, projected profit growth for the S&P 500 is headed for its biggest drop during a quarter in more than four years. The chart shows each quarter’s changes throughout the six-year bull market in U.S. stocks.