Business

Seasonal earnings off to slow start, sheds light on outlook for stocks


Investors hoping a strong start to earnings season would lift the stock market out of a slump have not received much satisfaction.

Initial reports from US companies have focused attention on some of the biggest challenges businesses face, from recession threats to recession pressure that rising costs are causing on company profits. JPMorgan Chase & Co, Delta Airlines and industrial supplier Fastenal are among those who warned last week that they are facing stress or see clouds ahead.



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