Investors and analysts expected to make predictions this week on which stocks they think would be the most resilient in H2 2023.
Investors and analysts expected to make predictions this week on which stocks they think would be the most resilient in H2 2023.
Another quarterly earnings season is about to kick off.
In the first half of the year, the Dow Jones Industrial Average rebounded from a negative return in 2022. Through the first six months, 15 of the 30 stocks that make up the composite index were up, while 15 were down.
This week, expect plenty of investors and analysts alike to chime in on which stocks will be the most resilient heading into the second half of 2023 despite persistent inflation.
Here are some of the corporates slated to announce earnings in the coming days:
MONDAY, July 10
TUESDAY, July 11
WEDNESDAY, July 12
THURSDAY, July 13
FRIDAY, JULY 14
Separately, the June consumer price index (CPI) report is set to be released Wednesday at 8:30 a.m. ET. Whether the results inspire a continued stock-market rally, or dampen the moods of bullish investors remains to be seen.
The June CPI reading from the Bureau of Labor Statistics showed the inflation rate coming in at 4% year-on-year against the 4.1% forecasted, and marking a substantial drop from the 4.9% reported in April.
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Edited by Arnab Nandy