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0 -0.000299760191846463 0.000596522781774575 0.00419664268585134 0.00119904076738607 -0.0098920863309352 -0.0364148681055155 -0.0371702637889687
Stock impact report

Futures fall as focus turns to corporate earnings [Reuters]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Reuters
Futures fall as focus turns to corporate earnings (Reuters) - U.S. stock index futures retreated on Monday after a strong rally last week, with investors bracing for the first-quarter earnings season to underline the coronavirus-induced damage to Corporate America. The S&P 500 .SPX ended a holiday-shortened week on Thursday with its biggest weekly percentage gain in more than four decades as the Federal Reserve rolled out trillions of more dollars to backstop businesses. But the benchmark index remains about 17% below its mid-February record high amid fears of a deep global recession, as the health crisis sparks production halts and mass furloughs. JPMorgan Chase & Co ( JPM.N ) and Wells Fargo & Co ( WFC.N ) will kick off the earnings season on Tuesday, with analysts expecting first-quarter earnings at S&P 500 firms to fall 9% compared with a Jan. 1 forecast of a 6.3% rise, according to IBES data from Refinitiv. “It’s definitely going to be ugly across all sectors, but markets hav Show less Read more
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