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With the vast majority having reported, S&P 500 companies were on track to increase fourth-quarter earnings by 10% from the year-earlier period, according to LSEG IBES data, which would be the biggest rise since the first quarter of 2022.
Strong corporate results
have helped fuel the S&P 500’s climb to new highs this year,
taking the focus away from the Federal Reserve’s tortuous path
towards lower interest rates. As earnings.