Wall Street earnings highest since January


(MENAFN) Wall Street is going through it highest earning month since the beginning of the year, reported the Daily Star. Earnings in Q2 are higher than expected as companies, such as IBM and General Electric, made good profits. S&P 500 companies' earnings are now expected to rise by 2.9 percent, while it was expected to go up 8.4 at the beginning of the year. Apple is seen dropping 21 percent in this quarter's profit, but gaining 0.2 percent growth.


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