Stocks: Wall Street and Earnings Reports

stocks: Trader Phyllis Arena Woods works on the floor of the New York Stock Exchange, Friday, Feb. 8, 2019, according to The Toronto Star. Stocks are opening lower on Wall Street as a mixed bag of earnings reports didn't inspire investors to get back to buying stocks. The S&P 500 is on pace to close out its second down week in the last three, as investors hit pause following a tumultuous two months where the index followed up its worst December since 1931 with its best January in three decades. Richard Drew / AP Photo On the plus side for stocks Companies are in the midst of reporting better-than-expected earnings for the last three months of 2018, and the Federal Reserve has indicated it will take a more patient approach to raising interest rates. Investors are also worried about predicted slowdowns in economies around the world, with trade tensions between the United States and China adding to the strain. But concerns are building about whether profits can keep growing this year. (news.financializer.com). As reported in the news.

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