Stock Markets Latest News: Q2 Earnings: Low Expectations, High Hopes

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Stock Markets Latest News: Q2 Earnings: Low Expectations, High Hopes

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Stock Markets Latest News: Q2 Earnings: Low Expectations, High Hopes

Wochit 0:35 mins

Increasingly worried analysts have cut their earnings growth expectations for the S&P 500 by a stunning 83%. Standard & Poor's Ratings Services is downgrading Italy's credit, saying the country's economic prospects are getting weaker. Industrial and raw material companies powered the stock market higher for a fourth straight day of gains.

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