Third-Quarter Earnings Preview: What to Watch

Third-quarter earnings season effectively kicks off today, and it should be another good one. S&P 500 Index companies are expected to report their ninth consecutive increase in profits and third consecutive quarter with earnings growth of over 20%. We expect these strong earnings gains to be driven mostly by solid economic growth, particularly manufacturing, and tax cuts—though higher oil prices should give energy sector profits a nice boost. The interest rate environment has gotten better for financials recently, which also helps. Continue reading

Market Update: Monday, October 15, 2018

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Daily Insights

  • LPL Market Signals Podcast. In the latest episode of the Market Signals Podcast, listen to Equity Strategist & Portfolio Manager Jeff Buchbinder and Chief Investment Strategist John Lynch discuss Fed Chair Jerome Powell’s speech at the annual meeting of the National Association for Business Economics, as well as some of the factors pointing to continued strength in the economy. Market Signals by LPL Financial is now available on iTunes, Google Play and Spotify. Please join our discussion on social via #LPLMarketSignals.

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Weekly Update 10/12/2018 – Volatility Spike Sends Global Stocks Sharply Lower

US: S&P 500 Index -4.1%, Dow -4.2%, Nasdaq -3.7%
Europe: STOXX Europe 600 -4.6%, German DAX -4.9% France CAC 40 -4.9%, U.K. FTSE 100 -4.3%
Asia: Japan Nikkei -4.6%, China Shanghai Composite -7.6%, Korea KOSPI  -4.7%
Rates/Commodities: 10-Year Treasury yield -9 basis points to 3.15%, WTI crude oil -4.4%, COMEX gold +1.74%

Two days of benign moves to start the week gave way to another spike in volatility—larger than last week—that saw global equities tumble and defensive investments like gold move notably higher. Continue reading

LPL Research’s Weekly Insights: New Digital Delivery

We are excited to introduce LPL Research Weekly Insights, a mobile-friendly, client-approved overview of our weekly commentaries and blog highlights. Our Weekly Insights is easily shared via social platforms and email, and can also be embedded on your websites. This week, we’re excited to share our global equity market and economic outlooks. Get your digital download today! Continue reading

Market Update: Friday, October 12, 2018

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Daily Insights

  • Stocks rebounding in early trading. The S&P 500 Index jumped more than 1% at the open this morning amid investors’ optimism about third-quarter earnings results and strong exports data out of China. U.S. indices also rebounded late yesterday on news that President Trump and Chinese leader Xi Jinping will meet next month to discuss trade. Through yesterday, the Nasdaq Composite was headed for its worst weekly drop since January 2016, while the S&P 500 and Dow were poised for their biggest weekly declines since March.

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