Investors opened this earning season weighted down by worries, as weak December retail sales, plummeting copper prices and some high-profile misses raised the specter of a disappointing reporting period. It is still too early to get a proper view of the fourth quarter, with just seven percent of S&P names reporting results so far. But the combination of the global economic decline spreading through the market and the sharp decline in oil prices since June to below $50 a barrel is troubling investors. That could keep the current sell off in stocks continuing for some time, especially if poor earnings reports failed to justify already-high valuations and instead pushed them higher. http://yhoo.it/1x6q4HG http://bit.ly/1fJ5yqZ
Wall St. Starts Fourth-quarter Earnings Season Under Cloud of Worry
Investors opened this earning season weighted down by worries, as weak December retail sales, plummeting copper prices and some high-profile misses raised the specter of a disappointing reporting period. It is still too early to get a proper view of the fourth quarter, with just seven percent of S&P names reporting results so far. But the combination of the global economic decline spreading through the market and the sharp decline in oil prices since June to below $50 a barrel is troubling investors. That could keep the current sell off in stocks continuing for some time, especially if poor earnings reports failed to justify already-high valuations and instead pushed them higher. http://yhoo.it/1x6q4HG http://bit.ly/1fJ5yqZ
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