Finance Week Ahead: Earnings Season Kicks Off
By Rebecca Stropoli | The Exchange – Fri, Apr 5, 2013 8:39 PM EDT
What a difference a few days makes: On Tuesday the S&P 500 was a mere three points away from busting past its all-time intraday high, set in 2007. Now the index has closed its worst weekly performance so far this year, with a highly disappointing March jobs report putting a damper on investor sentiment on Friday. While Wall Street pared much of its early losses by market close (as Breakout’s Matt Nesto had predicted here), all three major indices still ended in the red for the week.
But now it’s on to next week, when corporate earnings will be in keen focus yet again as Alcoa gets things moving on Monday after the bell.
via Finance Week Ahead: Earnings Season Kicks Off | The Exchange – Yahoo! Finance.