NEW YORK: This week will go a long way in determining whether investors should be concerned about the dawning of an earnings recession or whether back-to-back quarters of negative growth can be avoided in what is the heaviest week for profit reporting by US companies.
A wide swath of S&P 500 sectors are scheduled to report this week, with 155 companies representing over US$9 trillion in market capitalisation in the queue, more than 35% of the total for the index.
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