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Third-quarter corporate profits are not looking swell. According to S&P Capital IQ, earnings for the S&P 500 are expected to fall 5.1%, hurt largely by weakness in energy. But earnings for the consumer discretionary sector are slated to jump 11.8%, the best among the 10 S&P sectors. A few industry groups in the consumer discretionary space are staying stout amid a still-rocky market environment. The apparel and shoe manufacturers’ group, ranked Scalper1 News
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