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Stage set for lackluster 2nd-quarter US corporate earnings

Uncertainty over U.S. trade conflicts and signs of a slowing global economy have led many S&P 500 companies to lower expectations for how much profit they made in the spring. Wall Street projects that overall S&P 500 company earnings for the April-June quarter fell 2.6% from a year earlier, according to FactSet. As recently as the end of March, earnings were forecast to be […]

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