2024-03-06 01:00:00 ET
Summary
- Q4 earnings revealed a tale of two markets in the U.S., with tech and internet players hitting home runs as other sectors and industries played small ball in comparison.
- S&P 500 earnings were positive for a second consecutive quarter, with the lion’s share of Q4 growth powered by the tech and internet stocks that led markets higher in 2023.
- Earnings growth of 4.4% at the index level masks dispersion in year-over-year (YoY) results not only between sectors, but within them.
By Carrie King
Q4 earnings revealed a tale of two markets in the U.S., with tech and internet players hitting home runs as other sectors and industries played small ball in comparison. ...
Read the full article on Seeking Alpha
For further details see:
Tech Was Best In Q4 Earnings But Look To The Rest As market Broadens