HEALTHY US corporate profit growth in the latest quarter and expectations that the trend will continue are giving investors confidence that the stock rally may keep rolling.
Earnings growth for the third quarter (3Q) was on track to hit 13.6% year‑on‑year (y-o-y) as of Nov 4, placing it near the top of its two‑year range, according to strategists at Deutsche Bank AG led by Binky Chadha and Parag Thatte, cited by Bloomberg reporting.
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