As U.S. companies signal weak earnings, results could undercut market rise
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NEW YORK (Reuters) - U.S. companies are more negative in their earnings outlooks than they have been in years, setting the advancing U.S. stock market up for a possible letdown as reporting season begins this week. In an ominous sign, the ratio of negative to positive guidance from S&P 500 companies for the second quarter is at its highest level since the third quarter of 2016, when companies were just coming out of a four-quarter profit decline, according to IBES data from Refinitiv.Negative..