Stock Markets Latest News: Futures up as US Earnings Season Ramps up

Wochit 1:22 mins

Stock futures are rising as the corporate earnings season kicks into high gear, starting with Citigroup before the opening bell. Next week marks the first big week of second-quarter earnings, and it is sure to bring both joy and misery to Wall Street. Investors will concentrate on market fundamentals after weeks when Federal Reserve policies have dominated the market. If they see companies are still struggling, stocks could take a fall. Even after Fed Chairman Ben Bernanke scared markets in June by telling investors the Fed is likely to reduce monetary stimulus in coming months, stocks have recovered, with both the Dow and S&P 500 climbing to all-time highs. Stock blogger Josh Brown is warning investors to not go crazy based on the heights the market has been reaching lately. On his blog TheReformedBroker.com, Brown said, "People have trouble rationalizing being in the market because of where it was six months ago or five years ago. The best thing you can do to overcome that is study history." With the stock market is at all-time highs, individual investors should take the opportunity to buy or sell something, right? Not so fast says The Reformed Broker Josh Brown.

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