The S&P 500 and the Dow report highest level of stocks of 2013 at the weeks end as a positive note going into the upcoming week. With taxes due Monday, earnings reports will be posted next week and many investors are awaiting the results of how they will impact the market. At least 75 S&P companies are due to report their earnings this week, and after this past Fridays announcement, it will be very interesting to see how these numbers play into the market. Though there are only a couple days left before the deadline, accountants are offering incentives on Mondays holiday to promote tax filing and encouraging all to adhere to the closing date.
http://finance.yahoo.com/blogs/the-exchange/finance-week-ahead-tax-day-flood-earnings-more-230922145.html
Sounds like a really interesting week ahead. It will indeed be interesting how the earnings will play out and what impact they will have in the economy.
ReplyDeleteIt will be interesting to see how the economy will respond to the earning reports being released this upcoming week. It is also very promising for our economy that our stock market is flourishing as of right now. Commodities may be down, but it shows promise that people are investing again.
ReplyDeleteGreat point Will; hopefully with the improvement of the stock market, consumers will regain some of their lost confidence and begin to move the economy in a positive direction.
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