Archive for October 2017

Third-Quarter Earnings Hit Record, S&P 500 Now up 17% in 2017

Third quarter earnings season is peaking – and the results have been excellent.

More than half of the S&P 500 has reported earnings. According to data from Zacks Investment Research earnings are up 8.7% from the same period last year on 6.7% revenue growth. 76% of company’s have beaten earnings estimates while 66% have beaten revenue estimates.

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S&P 500 up 6% in 3rd Quarter – Cannabis Stocks Surging

The third quarter ended last week. With just three months left in 2017 both US and global stocks are having a good year.

The US based S&P 500 was up 6% in the third quarter – giving it a total return of 15% through the first three quarters of the year.

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