Five themes to watch as earnings season begins
Wall Street is expecting a subdued earnings season from Corporate America despite the first-quarter’s stock market fireworks. Yes, the S&P 500 Index rose 10% from January to March. Strategists, however, predict that S&P 500 companies will post their smallest year-over-year profit growth since 2019, just 3.9%, in the first quarter, according to data compiled by Bloomberg Intelligence.