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All Posts Term: alcoa
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Markets Move Higher Looking Forward to Earnings Season

Jul 12 2010
484
12

Markets Move Higher Looking Forward to Earnings Season

According to an article today by the NY Times, the American recovery is in full affect for US corporations and the upcoming earnings season should display some of this good news throughout business sectors. Profits among businesses in America will be some of the best numbers ever seen according to the news source. This positive feeling about corporate profits has already has brought the major indexes out of a downward movement and into a short-term rally. The Dow Jones Industrial Average has bounced off a nine month low of 9595 up to 10225 over the past week.

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